1072 Leonard Avenue, Los Angeles, CA 90022

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1072 Leonard Avenue,Los Angeles, CA 90022
$1,180,000
  • - Beds
  • - Baths
  • 4,861 sq. ft.
  • Multi-family
  • Active
Listed by: aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:SB26051757
Source:CRMLS

Price summary

  • Price:$1,180,000
  • Price per sq. ft.:$242.75

About this home

1072 Leonard Ave presents an excellent opportunity to acquire a well-located six-unit multifamily property in the heart of East Los Angeles. The property features a desirable unit mix consisting of (1) Studio, (4) 1-bedroom/1-bath units, and (1) 2- bedroom/1-bath unit, currently collecting $10,196.73 in monthly rent. Situated on a large 7,007 square foot lot, the property comes with approved plans for a (2) 1-Bed/1-Bath ADUs, allowing an investor to start construction immediately. After construction, the property is projects a 8.18% Cap Rate (After factoring in Construction costs). Currently operating at a 6.47% cap rate and 9.64 GRM, the property provides stable in-place income with upside potential for an investor looking to grow rents over time. East Los Angeles is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. A vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, East LA

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Home facts

  • Year built:1930
  • Listing ID #:SB26051757
  • Added:1 day(s) ago
  • Updated:March 10, 2026 at 11:43 AM

Rooms and interior

  • Living area:4,861 sq. ft.

Structure and exterior

  • Year built:1930
  • Building area:4,861 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,180,000
  • Price per sq. ft.:$242.75
Based on information from California Regional Multiple Listing Service, Inc. as of March 10, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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