Description
Great architecture on sale! 11-unit courtyard property about a mile from LA Live, Ritz Carlton, Convention Center and the Crypto Arena. This classic Spanish Colonial style building showcases timeless architectural appeal, featuring a striking symmetrical facade, red clay tile roof, arched entryway, and a beautifully landscaped central courtyard that creates a welcoming and private setting for residents. The property offers a well-balanced unit mix with strong in-place income and enormous upside in rents. Investors will appreciate the consistent rental demand driven by the property's central location, just minutes from Downtown Los Angeles, Koreatown, USC, and major employment hubs. Each unit benefits from abundant natural light, functional layouts, and the charm of period details that continue to attract long-term tenants. The gated courtyard design enhances both privacy and security, while the lush landscaping adds to the overall curb appeal and tenant experience. Priced at 11.7 GRM and 4.25 CAP Rate, this has both immediate cash flow and incredible upside in the future. Could benefit from SB1211 for new 8 ADUs
Location
Listed By
Co-Listing Agent
David Martinez
Keller Williams Beverly Hills
Similar Listings
$1,725,000
10
6,642 Sq ft
ACTIVE
MLS# 26769251
Listing Agent: John Katnik
Listing Office: BRC Advisors- BH
$1,780,000
10
4,864 Sq ft
ACTIVE
MLS# 26744501
Listing Agent: John Boyett
Listing Office: CBRE
$2,050,000
10
10,990 Sq ft
ACTIVE
MLS# 26685067
Listing Agent: Benjamin Lee
Listing Office: Lyon Stahl Investment Real Estate, Inc.
$1,990,000
10
6,470 Sq ft
ACTIVE
MLS# 26673799
Listing Agent: Deboura Emanuel
Listing Office: Keller Williams Studio City
$1,750,000
10
5,486 Sq ft
ACTIVE
MLS# 26667859
Listing Agent: Michael Kamara
Listing Office: Lyon Stahl Investment Real Estate, Inc.
$1,800,000
10
4,500 Sq ft
ACTIVE
MLS# 26665623
Listing Agent: Chandler Rockwell
Listing Office: Fred Leeds Asset Group Inc.
$2,295,000
10
5,354 Sq ft
ACTIVE
MLS# 26663731
Listing Agent: Enrique Viramontes
Listing Office: Remax Commercial and Investment Realty
$1,895,000
10
4,061 Sq ft
ACTIVE
MLS# 26644369
Listing Agent: Marcus Kassin
Listing Office: Coldwell Banker Realty
$1,758,500
10
4,226 Sq ft
PENDING
MLS# 26642011
Listing Agent: Jonathan Swire
Listing Office: The Agency
$1,725,000
10
5,958 Sq ft
ACTIVE
MLS# 25616653
Listing Agent: Filip Niculete
Listing Office: Marcus & Millichap
$2,090,000
10
5,910 Sq ft
ACTIVE
MLS# 25593293
Listing Agent: Jae Sung Choi
Listing Office: Ivy Realty Co.
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 23rd April, 2026 11:43 PM (UTC)
Listing Agent: Lee Ziff
Listing Office: Keller Williams Beverly Hills
Attribution contact: 310-432-6511
