143 N Reno Street, Los Angeles, CA 90026

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
#1#2#3
143 N Reno Street,Los Angeles, CA 90026
$2,300,000
  • - Beds
  • - Baths
  • 9,240 sq. ft.
  • Multi-family
  • Active
Listed by:han chen
Office:growth investment group pasade
MLS#:AR25041703
Source:CRMLS

Price summary

  • Price:$2,300,000
  • Price per sq. ft.:$248.92

About this home

A 16-unit bread-and-butter Value-Add Opportunity in Rampart Village neighborhood. The property has been with the same ownership for more than 25 years. It is located on a side residential street and centrally situated only several blocks south of Silver Lake area and Silver Lake Blvd. Bordering Silver Lake, Echo Park, and Koreatown area, this location provides consistently high demand for apartment units. The offering provides an attractive high CAP Rate with proforma CAP Rate close to 10%. Built in 1927, the property offers large building size totaling ±9,240 SF of square footage on a sizeable ±6,000 SF lot. The property is an easily maintained two-story building, with a good unit mix of four (4) x 1bed+1bath, and twelve (12) large studios. It has an unusually wide hallway area which provides a good common area atmosphere to the building. The building has been well maintained by the current owner with some notable capital improvements in recent years which include electrical

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Home facts

  • Year built:1927
  • Listing Id #:AR25041703
  • Added:160 day(s) ago
  • Updated:August 05, 2025 at 10:38 AM

Rooms and interior

  • Living area:9,240 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Flat
  • Year built:1927
  • Building area:9,240 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$2,300,000
  • Price per sq. ft.:$248.92
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