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Active
1820 S La Brea Avenue Los Angeles, CA 90019
6,261 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,261 sqft
Price per Sqft $455
MLS Listing ID CL26653223
HOA Y/N No
Year Built 1963
Lot Size 5,802 Sqft
Acres 0.1332
Property Sub-Type Other
Property Description
***LOWERED PRICE*** 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 8.5 GRM and 7.73% 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
Zoning LAR3
Interior
Heating None
Fireplace No
Laundry No Hookups
Building
New Construction No
Others
Tax ID 5067013025
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Yigal Fatirian • Lyon Stahl Investment Real Estate, Inc.
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