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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$2,849,999
Est. payment /mo
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15 Baths
6,261 SqFt
Price Dropped by $149K

1820 S La Brea Ave Los Angeles, CA 90019

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Herman Singh

Herman Singh

+1(718) 679-7822

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,261 sqft

Price per Sqft $455

MLS Listing ID 26653223

Year Built 1963

Lot Size 5,802 Sqft

Acres 0.1332

Property Sub-Type Multi-Family

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

Area Mid Los Angeles

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling Air Conditioning

Equipment None

Laundry None

Exterior

Parking Features Carport, Driveway

Garage Spaces 8.0

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

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Herman Singh

Herman Singh

Broker

+1(718) 679-7822

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1820 S La Brea Ave