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$ 1,750,000
Est. payment | /mo
7,691 SqFt
$ 1,750,000
Est. payment | /mo
7,691 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,691 sqft
Price per Sqft $227
MLS Listing ID CL26874023
HOA Y/N No
Year Built 1926
Lot Size 6,752 Sqft
Acres 0.155
Property Sub-Type Other
Property Description
Offered at $1,750,000, this realistically priced 8-unit multifamily opportunity is located in the highly walkable Little Armenia/East Hollywood submarket, just steps from the Vermont/Santa Monica Metro B Line station. Built in 1926, the property showcases classic Spanish Revival architecture, vintage character, a period-appropriate exterior color palette, and professionally designed drought-tolerant landscaping. The unit mix includes six 1-bedroom/1-bath units, one 1-bedroom unit with bonus room, and one 2-bedroom unit. Three units are intentionally vacant at close of escrow, offering an owner-user or investor meaningful flexibility for renovation, lease-up, or other permitted business-plan strategies. All units feature hardwood floors, plaster walls, and plaster ceilings. Four units have modernized kitchens. Renovated units have achieved rents up to $2,350 per month, indicating potential continued rental upside as additional units become available and are improved, subject to applicable rent-control laws and regulations. Recent capital improvements include a substantial electrical-system upgrade from 200 amps to 400 amps, including replacement of tenant-unit electrical panels and the house-service panel. The property is separately metered for gas and electricity. Excellent transit and neighborhood access: Walk Score 93, Transit Score 71, and Bike Score 72. Conveniently positioned near restaurants, shopping, neighborhood services, and major Hollywood/East Hollywood employment and entertainment destinations.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 5540022012
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Wes Wellman • Wellman Realty Co.
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