1820 S La Brea AVE, Los Angeles, CA 90019
1820 S La Brea AVE, Los Angeles, CA 90019
1820 S La Brea AVE, Los Angeles, CA 90019
18
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$2,599,000
Est. payment /mo
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15 Baths
6,261 SqFt
Price Dropped by $100K

1820 S La Brea AVE Los Angeles, CA 90019

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Hailey Potok

Hailey Potok

+1(714) 878-0877

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,261 sqft

Price per Sqft $415

MLS Listing ID 26653223

HOA Y/N No

Year Built 1963

Lot Size 5,802 Sqft

Property Description

**PRICE REDUCTION - MOTIVATED SELLER** 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 7.92 GRM and 8.34% 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 potential for motel-use conversion (buyer to verify). This is a stabilized, income-generating asset located in a highly desirable rental submarket.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Heating None

Fireplace No

Laundry None

Exterior

Parking Features Carport, Driveway

Total Parking Spaces 8

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5067013025

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Yigal Fatirian Lyon Stahl Investment Real Estate, Inc. #02059042

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Hailey Potok

Hailey Potok

REALTOR® | License ID: 02024094

+1(714) 878-0877

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The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Affiliated real estate agents are independent contractor sales associates, not employees. ©2026 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logo are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. 

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1820 S La Brea AVE