1034 S Herbert
Los Angeles, CA 90023
0
Bed
0
Bath
5,616Sqft
11,841Sqft(Lot)
7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.6% CAP rate. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investor’s dream: long-term tenants, below-market rents, and immediate to get cash flow and for growth & appreciation. Ample parking spaces, with a total of 1
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1992Building Area Total: 5616Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 11841 Lot Size Acres: 0.2718 Lot Size Source: Assessor Lot Size Square Feet: 11,841 Lot Description: 6-10 Units/Acre
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Listing Price Information
Listing Price: $2100000Original Price: $2210000Cash, Cash to New Loan
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Tax Information
Parcel Number: 5239018003 Tax Lot: 143
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Parking Information
Parking Total: 16
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Location Information
Direction: West of 710 Freeway & North of 5 Freeway, Near USC Medical Center, Cal State LA WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 601 S Record Avenue, Los Angeles, CA, 90023 | $1,100,000 | -- | -- | 2,256 | 2,256 SqFt |
| 1362 South Downey Road, Los Angeles, CA, 90023 | $784,000 | 4 | 1 | 1,427 | 1,427 SqFt |
| 1355 S Downey, Los Angeles, CA, 90023 | $849,500 | 5 | 2 | 2,364 | 2,364 SqFt |
| 1359 S Downey Road, Los Angeles, CA, 90023 | $686,000 | 3 | 2 | 1,638 | 1,638 SqFt |
| 600 S Ditman Avenue, Los Angeles, CA, 90023 | $799,000 | 4 | -- | 2,224 | 2,224 SqFt |
| 3672 Percy, Los Angeles, CA, 90023 | $2,595,000 | -- | -- | 6,578 | 6,578 SqFt |
| 1259 S Alma, Los Angeles, CA, 90023 | $459,000 | 2 | 1 | 620 | 620 SqFt |
| 3538 Siskiyou Street, Los Angeles, CA, 90023 | $745,000 | 6 | -- | 3,202 | 3,202 SqFt |
| 729 S Bernal, Los Angeles, CA, 90023 | $749,000 | 6 | 3 | 2,250 | 2,250 SqFt |
| 1172 Mirasol Street, Los Angeles, CA, 90023 | $599,900 | 3 | 2 | 896 | 896 SqFt |
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ByOwner last updated this listing 07/24/2026 @ 15:17
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