- 1 Bath
- 6,261 Sqft
- .13 Acres
- 55 DOM
1820 S La Brea Avenue
***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 8.98 GRM and 7.28% 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.
Essential Information
- MLS® #26653223
- Price$3,075,000
- Bathrooms1.00
- Square Footage6,261
- Acres0.13
- Year Built1963
- TypeResidential Income
- StatusActive
Community Information
- Address1820 S La Brea Avenue
- AreaC16 - Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Amenities
- Parking Spaces8
- ParkingCarport, Driveway
- GaragesCarport, Driveway
Interior
- HeatingNone
- # of Stories3
- StoriesMulti/Split
Additional Information
- Date ListedFebruary 17th, 2026
- Days on Market55
- ZoningLAR3
Listing Details
- AgentYigal Fatirian
Office
Lyon Stahl Investment Real Estate, Inc.
Price Change History for 1820 S La Brea Avenue, Los Angeles, (MLS® #26653223)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,150,000 to $3,075,000 | ||
| Price Reduced from $3,200,000 to $3,150,000 |
Yigal Fatirian, Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of April 13th, 2026 at 9:26am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.