Active

1978 Estrella

Los Angeles, CA 90007
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Bed 0

Bed

Bath 0

Bath

SqFt4,731

Sqft

SqFt11,972

Sqft(Lot)

1978 Estrella Ave is a well-located multifamily asset situated in the highly desirable West Adams submarket of Los Angeles, an area that has experienced sustained growth driven by proximity to major employment and educational hubs. The property benefits from its close adjacency to the University of Southern California, placing it within one of the most consistently in-demand rental corridors in South Los Angeles. Its position within USC’s DPS patrol zone, combined with access to USC’s free Lyft service and additional private security measures in the surrounding area, enhances tenant confidence and supports strong rental demand, particularly among students and affiliated renters. The property consists of (8) one-bedroom/one-bathroom units and (2) studio units, offering a functional and h ighly desirable unit mix that caters to the steady USC student housing market. Originally built in 1887 and comprehensively remodeled in 2019, the asset blends historic character with modernized interiors and systems, reducing near-term capital expenditure requirements. With approximately 4,731 square feet of improvements, the property presents an efficient layout that maximizes livable space while maintaining manageable operating characteristics for ownership. A key operational advantage of the property is its ample on-site parking, a valuable amenity in this infill location that further strengthens its appeal to tenants. The site’s configuration may also present future development or value-add potential, subject to local zoning and planning considerations, allowing investors optionality to explore repositioning strategies over time. Its proximity to USC Village and surrounding retail, dining, and transit infrastructure further reinforces the property’s competitive positioning within a submarket characterized by limited supply and persistent demand. Overall, 1978 Estrella Ave represents a compelling investment opportunity offering stable in-place income supported by a premier USC-adjacent location. The asset’s combination of renovated units, desirable tenant demographics, security-enhanced environment, and strong parking profile contributes to durable occupancy and rent resilience. For investors, the property offers both immediate cash flow stability and long-term upside through rent growth and continued appreciation driven by its strategic location within one of Los Angeles’ most active and supply-constrained rental markets.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,888,000

AD Id : 78007043

MLS Id : PW26097749

Lot Size : 11,972 Sqft

Living Area Size : 4,731

Year Built : 1887

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1887 Building Area Total: 4,731
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2748
  • Lot Size Source: Assessor Lot Size Square Feet: 11972

  • Listing Price Information

    Original List Price: 1,888,000 Listing Contract Date: 2026-05-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5124033028

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: West of Figueroa & South of Washington Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Apartment
  • Building and Construction

    Property Age: 139 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2200 E 105th, Los Angeles, CA, 90007 $629,900 3 2 2,001 2,001 SqFt
225 W Adams Boulevard, Los Angeles, CA, 90007 $1,775,000 -- -- 8,540 8,540 SqFt
1938 Bonsallo Avenue, Los Angeles, CA, 90007 $1,129,000 -- -- 5,964 5,964 SqFt
1981 Estrella Avenue, Los Angeles, CA, 90007 $1,275,000 9 4 3,032 3,032 SqFt
1955 Bonsallo Avenue, Los Angeles, CA, 90007 $1,529,000 10 -- 2,845 2,845 SqFt
1978 Bonsallo Avenue, Los Angeles, CA, 90007 $1,699,800 7 -- 3,456 3,456 SqFt
2119 S Union Avenue, Los Angeles, CA, 90007 $1,525,000 15 -- 6,671 6,671 SqFt
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 3,104 SqFt
1016 W 24th, Los Angeles, CA, 90007 $1,800,000 -- -- 8,563 8,563 SqFt
721 W 30th Street, Los Angeles, CA, 90007 $7,100,000 25 -- 12,928 12,928 SqFt

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ByOwner last updated this listing 06/08/2026 @ 07:00

MLS: PW26097749 LISTED BY: Ryan Gonzalez, Lyon Stahl Investment Real Est 310-425-9838 SOURCE: CRMLS

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