Active

1820 S La Brea Avenue

Los Angeles, CA 90019
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Bed 0

Bed

Bath 0

Bath

SqFt6,261

Sqft

SqFt5,802

Sqft(Lot)

**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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,599,000

AD Id : 75415795

MLS Id : 26653223

Lot Size : 5,802 Sqft

Living Area Size : 6,261

Year Built : 1963

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 0

    Bathroom Information

    Total Baths: 15 Full Baths: 0 Half Baths: 0
  • Heating Source

    None Has Heating

  • Building Information

    Year Built: 1963 Building Area Total: 6,261
  • Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1332 Lot Size Dimensions: 40x145
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5802

  • Listing Price Information

    Original List Price: 2,599,000 Listing Contract Date: 2026-02-17
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5067013025

  • Garage and Parking

    Garage Description: Carport,Driveway

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: North of Washington and South of Venice on La Brea Ave. Zoning: LAR3 Source Property Type: Residential Income Area: C16 - Mid Los Angeles
  • Building and Construction

    Property Age: 63 Year Built Source: Vendor Enhanced Total Square Feet Living: 6261 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1117 S Manhattan Place, Los Angeles, CA, 90019 $1,399,000 4 2 1,807 1,807 SqFt
1044 S St Andrews Place, Los Angeles, CA, 90019 $1,490,000 5 3 2,133 2,133 SqFt
1254 S Manhattan, Los Angeles, CA, 90019 $1,790,000 6 3 3,024 3,024 SqFt
941 S Gramercy Place, Los Angeles, CA, 90019 $2,695,000 12 -- 7,360 7,360 SqFt
1415 S Manhattan Place, Los Angeles, CA, 90019 $2,280,000 9 5 7,512 7,512 SqFt
1415 S St Andrews Place, Los Angeles, CA, 90019 $2,799,000 12 -- 9,268 9,268 SqFt
1415 S St Andrews Place, Los Angeles, CA, 90019 $1,925,000 12 -- 9,268 9,268 SqFt
1070 S Wilton Place, Los Angeles, CA, 90019 $2,300,000 4 2 3,190 3,190 SqFt
1220 S Wilton Place, Los Angeles, CA, 90019 $1,765,000 4 1 3,382 3,382 SqFt
1224 S Wilton Place, Los Angeles, CA, 90019 $1,675,000 6 5 4,560 4,560 SqFt

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ByOwner last updated this listing 06/21/2026 @ 22:18

MLS: 26653223 LISTED BY: Yigal Fatirian, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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