Property Details


Year Built: 1923
Units: 12
Price / Unit: $175,833
Price / SqFt: $408.91
CAP: 2.81%
GRM: 18.43

Executive Summary


  • First Time on the Market in Over 25 Years
  • Bungalow-Style Units Situated on a Large Lot with 12 Parking Spaces (Two Tandem)
  • Significant Rental Upside – Loss to Rents is Nearly Fifty Percent (50%)
  • Situated on a 13,615-Square Foot Lot Currently Zoned R3-1
  • A Developer Can Potentially Build 16 Units By Right*
  • Located in One of Los Angeles’ Most Desirable Rental Neighborhoods, Within Walking Distance to Paramount Pictures
  • Dual Entrances for All Units
  • All Units are Separately Metered for Gas and Electricity

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