1820 S La Brea Avenue, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
1820 S La Brea Avenue,Los Angeles, CA 90019
$3,075,000
  • - Beds
  • 15 Baths
  • 6,261 sq. ft.
  • Multi-family
  • Active
Listed by: yigal fatirian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26653223
Source:CRMLS

Price summary

  • Price:$3,075,000
  • Price per sq. ft.:$491.14

About this home

***LOWERED PRICE*** 1820 S. La Brea Avenue is a 6,261 square foot, fifteen-unit apartment building situated on a 5,802 square foot lot in Mid-City, just south of Venice Boulevard. The property offers immediate access to the I-10 Freeway and is centrally located near major Los Angeles employment hubs, retail corridors, dining, and entertainment.The building consists of fifteen studio units, thirteen of which have been recently renovated. Three units are in the process of being delivered vacant, providing additional flexibility for an investor. Nearly all tenants receive government-backed housing assistance, providing stable and reliable income. The property includes eight on-site parking spaces. Offered at a 8.98 GRM and 7.28% CAP rate, the asset provides strong in-place cash flow. Seismic retrofitting has been recently completed, minimizing near-term capital expenditure requirements.The property presents additional value-add potential, including a possible ADU opportunity and the...

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Home facts

  • Year built:1963
  • Listing ID #:26653223
  • Added:53 day(s) ago
  • Updated:April 12, 2026 at 10:34 AM

Rooms and interior

  • Total bathrooms:15
  • Living area:6,261 sq. ft.

Structure and exterior

  • Year built:1963
  • Building area:6,261 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$3,075,000
  • Price per sq. ft.:$491.14

Parking

  • Total parking spaces:8
  • Parking description:Carport, Driveway
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