1820 S La Brea Avenue, Los Angeles, CA 90019

$2,849,999 Approx. USD 0 beds, 15 baths
6,261 sqft

Reduced by $149,001 on 4/30/2026

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Brochure

Photo of Jesse Hlubik

Marketed By Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Agent Remarks

***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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26653223

List price is $2,849,999 Reduced by $149,001 on 4/30/2026

Price: $2,849,999

Beds: 0

Baths: 15

Built in 1963

6,261 sqft

0.13 acres

Lot size: 0.1332