1037 S Holt Avenue, Los Angeles, CA 90035
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1037 S Holt Avenue,Los Angeles, CA 90035
$2,060,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: eric sackler, susan lau
Office: coldwell banker realty310-820-6651
MLS#:26669051
Source:CRMLS
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Price summary
- Price:$2,060,000
About this home
1037 S. Holt Avenue presents an opportunity to acquire a well-maintained six-unit multi-family asset in the heart of Pico-Robertson, one of Los Angeles' most desirable and centrally located rental neighborhoods. One 1-bedroom, 1-bath unit will be delivered vacant at the close of escrow, while the remaining five occupied units provide immediate cash flow and a more favorable path to financing with in-place income.When projecting the vacant unit at market rent (post-renovation), the asset is estimated to operate at an approximate 4.82% CAP rate and 12.53 GRM, highlighting its solid current performance. With full stabilization, the property offers strong upside potential with a projected 6.70% CAP rate and 10.00 GRM.The 5,330 square foot building sits on a 6,641 square foot lot and features a desirable unit mix of three 1-bedroom + 1-bath units, one 2-bedroom + 1-bath unit, and two 2-bedroom + 2-bath units, providing broad tenant appeal and strong rentability. The property includes six on-site parking spaces and has completed its seismic retrofit.Located in the Pico-Robertson neighborhood, 1037 S. Holt Avenue offers residents exceptional access to major employment and lifestyle centers including Beverly Hills, Century City, Culver City, and West Hollywood. The neighborhood is known for its walkable atmosphere, diverse dining options, and convenient proximity to transit and major thoroughfares, making it one of the most consistently sought-after rental markets in Los Angeles....
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Home facts
- Year built:1957
- Listing ID #:26669051
- Added:47 day(s) ago
- Updated:May 13, 2026 at 07:03 AM
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1957
- Architectural Style:Mid Century Modern
- Levels:2 Story
Finances and disclosures
- Price:$2,060,000
Features and amenities
- Amenities:Carbon Monoxide (CO2) Detector
Parking
- Total parking spaces:6
- Parking description:Carport, Detached Carport
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