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Eddie Arnez

earnez@rodeore.com +1(954) 305-1314

$ 1,897,966

Est. payment | -/mo

13 Beds

8 Baths

5,128 SqFt

Save

$ 1,897,966

Est. payment | -/mo

Save

13 Beds

8 Baths

5,128 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,128 sqft

Price per Sqft $370

MLS Listing ID 26854377

Bedrooms 13

Construction Status Updated/Remodeled

Year Built 1927

Lot Size 7,509 Sqft

Acres 0.1724

Property Sub-Type Multi-Family

Property Description

Value-add opportunity with three vacant units. Amazing investment opportunity in the heart of Historic Filipino Town (HiFi)! This fully renovated, turnkey 5-unit apartment complex offers an exceptional value-add opportunity with three vacant units ready for immediate lease-up at potential Section 8 rental rates. Projections are based on Section 8 voucher amounts and rents from two occupied units. Potential buyers to conduct their own rent estimates to arrive at their own opinion of value. The property features an attractive unit mix of two 2-bedroom/1-bath units, two 3-bedroom/1.5-bath units, and one spacious 3-bedroom/2-bath unit. Each residence is thoughtfully updated and includes a stove, refrigerator, dishwasher, and in-unit stackable washer and dryer, central air and heat, making it highly desirable for today's tenants. Ideally situated just minutes from Silver Lake, Echo Park, Downtown Los Angeles, MacArthur Park, Lafayette Park, and the vibrant Beverly Boulevard corridor, this location provides outstanding access to shopping, dining, entertainment, and employment centers. Commuters will appreciate the close proximity to the Metro B (Red) and D (Purple) Lines as well as convenient access to the 101 and 110 Freeways. The property also includes 10 on-site parking spaces, offering the potential to generate additional income through parking rentals. 5 covered garage spaces are able to fit a small car, or used as storage spaces. Another 5 uncovered spaces offer the potential to generate additional income through rentals. Whether you're completing a 1031 exchange, expanding your portfolio, or seeking a stabilized asset with immediate upside, this rare opportunity combines strong cash-flow potential, renovated improvements, and a prime central Los Angeles location. Investors won't want to miss this one!

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Laminate

Fireplaces Type None

Equipment Dishwasher, Dryer, Washer, Range/Oven, Refrigerator, Garbage Disposal, Hood Fan, Water Line to Refrigerator

Laundry In Unit

Exterior

Parking Features Uncovered, Garage - 1 Car, Covered Parking

Garage Spaces 10.0

Pool None

Waterfront Description None

View Y/N No

View None

Building

Story 2

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Real Estate Owned

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 Vylla Home, Inc.

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 305-1314

earnez@rodeore.com

12345 Ventura Blvd, Studio City, CA 91604, USA

201 S Park View St Los Angeles, CA 90057

Eddie Arnez

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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201 S Park View St