605 N St Louis, Los Angeles, CA 90033
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
605 N St Louis,Los Angeles, CA 90033
$949,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: aaron jacobson
Office: lyon stahl investment real estate, inc.
MLS#:SB26096719
Source:San Diego MLS via CRMLS
Price summary
- Price:$949,000
About this home
605 N St Louis St presents an attractive 4-unit multifamily investment opportunity in Los Angeles, offered at $949,000 ($237,250/unit), reflecting a 6.82% current Cap Rate and 10.47 GRM. Three of the four units will be delivered vacant, providing an investor with immediate value-add potential through the opportunity to achieve higher market rents. Pro Forma rents reflect a 13.59% increase in scheduled rental income, further highlighting the propertys upside potential. Originally built in 1923, the property encompasses approximately 2,598 SF on a 5,311 SF lot, equating to $365/SF. The property is separately metered for electric, gas, and trash, providing for a favorable expense structure and greater control over operating costs. Strategically located in Los Angeles 90033 neighborhood, 605 N St Louis St benefits from convenient access to major employment centers, established retail corridors, and public transportation. The surrounding rental market is supported by consistent tenant demand and long-term growth potential, positioning the property as an attractive opportunity for investors seeking a combination of immediate value-add upside, operational efficiency, and long-term appreciation....
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Home facts
- Listing ID #:SB26096719
- Added:99 day(s) ago
- Updated:August 13, 2026 at 01:57 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
Finances and disclosures
- Price:$949,000
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