1540 S Holt Avenue, Los Angeles, CA 90035
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1540 S Holt Avenue,Los Angeles, CA 90035
$1,895,000
- 8 Beds
- - Baths
- 3,636 sq. ft.
- Multi-family
- Active
Listed by: jonny ahdoot
Office: realty one group united
MLS#:CL26101815
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,895,000
- Price per sq. ft.:$521.18
About this home
A rare 1938 Art Deco fourplex on an oversized 7,946 SF corner lot in Pico-Robertson, moments from Beverlywood, Beverly Hills and Century City. Four 2 bed / 1 bath residences of approximately 950 SF each (per owner), each with a separate dining area. Three are remodeled with updated kitchens, updated appliances, newer flooring and permitted split-system A/C. Unit 1546 is remodeled and will be delivered vacant, so an owner-user can move right in or an investor can lease at market on day one. The architecture cannot be replicated today: softly curved corners, arched alcoves, original built-ins and restored vintage tile baths with a soaking tub and a separate stall shower. Lush, park-like grounds and long frontage on Pickford St give each residence uncommon light and privacy. Seismically retrofitted, with copper plumbing, newer water heaters, on-site laundry and two detached double garages. Reliable long-term tenancy with embedded RSO rent growth. Pro forma 4.49% cap rate and 13.3x GRM at the asking price. Value-add upside includes renovating unit 1544 on turnover and potential garage-to-ADU conversions. Zoned [Q]RD1.5-1-O within a Transit Priority Area. The adjacent 6,002 SF lot at 8585 Pickford St is available by separate sale, creating a rare 13,948 SF double lot opportunity on the same block. Walk to the restaurants, cafes and markets of Pico and Robertson Boulevards. The seller is not completing a 1031 exchange, allowing a clean, flexible close....
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Home facts
- Year built:1938
- Listing ID #:CL26101815
- Added:9 day(s) ago
- Updated:October 31, 2026 at 07:50 PM
Rooms and interior
- Bedrooms:8
- Flooring:Tile
- Living area:3,636 sq. ft.
Heating and cooling
- Heating:Natural Gas, Wall Furnace
Structure and exterior
- Year built:1938
- Building area:3,636 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Back Yard, Front Yard
- Construction Materials:Stucco
- Exterior Features:Back Yard, Front Yard
Utilities
- Water:Public
Finances and disclosures
- Price:$1,895,000
- Price per sq. ft.:$521.18
Features and amenities
- Laundry features:Common Area, Dryer, Washer
- Amenities:Smoke Detector(s)
Parking
- Parking description:Assigned, Covered, Private
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