1864 W Cordova Street, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1864 W Cordova Street,Los Angeles, CA 90007
$7,500,000
  • - Beds
  • - Baths
  • 11,024 sq. ft.
  • Multi-family
  • Active
Listed by: logan altman
Office: altman apartments llc.
MLS#:SR26043357
Source:CRMLS

Price summary

  • Price:$7,500,000
  • Price per sq. ft.:$680.33

About this home

Casas on Cordova Street in Los Angeles is a prime mid-city investment opportunity featuring 47 updated units with a 2025 Certificate of Occupancy. Renovations in 2023 included over $2.3 million in upgrades, resulting in essentially a brand-new building. The property offers a turn-key experience with all-new plumbing, electrical systems, roof, drywall, paint, flooring, and cabinetry. With a current occupancy of 95%, the asset boasts a solid financial performance, including a current NOI of $560,670 and a CAP rate of 7.48%. The investment pro forma predicts even stronger returns, with a CAP rate of 7.86% and a cash on cash return of 9.42%. Located in a bustling neighborhood with estimated 2026 median household incomes exceeding $53,000 within a 1-mile radius, this property presents an excellent opportunity for investors seeking a stable and profitable asset in a desirable location. Complete 2025 "Gut" Renovation with New Certificate of Occupancy: This asset offers a virtually new

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Home facts

  • Year built:1956
  • Listing ID #:SR26043357
  • Added:1 day(s) ago
  • Updated:February 27, 2026 at 12:42 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Built In Range, Gas Range, Microwave, Range Hood, Vented Exhaust Fan
  • Living area:11,024 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units, Whole House Fan
  • Heating:Natural Gas, Wall Furnace

Structure and exterior

  • Year built:1956
  • Building area:11,024 sq. ft.
  • Lot area:0.31 Acres
  • Lot Features:Landscaped, Level with Street, Near Public Transportatn, Over 40 Units/Acre, Rectangular Lot, Street Level
  • Construction Materials:Copper Plumbing, Frame, Stucco
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,500,000
  • Price per sq. ft.:$680.33

Features and amenities

  • Appliances:Built In Range, Gas Range, Gas Water Heater, Microwave, Range Hood, Vented Exhaust Fan, Water Heater
  • Laundry features:Common Area
  • Amenities:Carbon Monoxide Detectors, Ceiling Fans, Closed Circuit Cameras, Fire Detection System, Fire Rated Drywall, Firewalls, Gated Community, Multiple Staircases, Picnic Area, Prewired, Quartz Counters, Resident Manager, Smoke Detectors, Window Bars
Based on information from California Regional Multiple Listing Service, Inc. as of February 27, 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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