230 N Reno Street, Los Angeles, CA 90026

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230 N Reno Street,Los Angeles, CA 90026
$1,795,000
  • 12 Beds
  • 10 Baths
  • 6,160 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan taksa
Office: remax commercial and investment realty
MLS#:25602049
Source:CRMLS

Price summary

  • Price:$1,795,000
  • Price per sq. ft.:$291.4

About this home

We are pleased to present 230 N. Reno Street, a character-rich 10-unit multifamily property located in the heart of Los Angeles. Built in 1929, this beautiful Spanish-style building sits on a desirable corner lot and offers tremendous charm and architectural pedigree rarely available in today's market. The property features an excellent unit mix comprising eight (8) one bedroom, one-bath units and two (2) two-bedroom, one-bath units. The well-laid-out floor plans are flooded with natural light and enhanced by vintage hardwood floors, spacious interiors, and an on-site laundry facility, making it a sought-after living experience for tenants. 230 N. Reno is attractively priced with an in-place CAP rate of 6.02% and a 10.02 GIM, providing investors with strong current returns. There is significant upside potential as average rents of $2.39 per square foot remain well below market, positioning the property to achieve a stabilized market CAP rate of 8.63% and a GRM of 7.98. The surrounding

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Home facts

  • Year built:1929
  • Listing ID #:25602049
  • Added:46 day(s) ago
  • Updated:November 21, 2025 at 03:31 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:10
  • Living area:6,160 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1929
  • Building area:6,160 sq. ft.
  • Lot area:0.1 Acres

Finances and disclosures

  • Price:$1,795,000
  • Price per sq. ft.:$291.4
Based on information from California Regional Multiple Listing Service, Inc. as of November 22, 2025 . 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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