$ 2,100,000
-
$2,100,000
Price -
0
Bed -
0
Bath -
5,330
SqFt
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About the Listing CLW-L2000175 - CLW-X48678,CLW-X73638
1037 S. Holt Avenue presents an opportunity to acquire a well-maintained six-unit multi-family asset in the heart of Pico-Robertson, one of Los Angeles' most desirable and centrally located rental neighborhoods. One 1-bedroom, 1-bath unit will be delivered vacant at the close of escrow, while the remaining five occupied units provide immediate cash flow and a more favorable path to financing with in-place income.When projecting the vacant unit at market rent (post-renovation), the asset is estimated to operate at an approximate 4.82% CAP rate and 12.53 GRM, highlighting its solid current performance. With full stabilization, the property offers strong upside potential with a projected 6.70% CAP rate and 10.00 GRM.The 5,330 square foot building sits on a 6,641 square foot lot and features a desirable unit mix of three 1-bedroom + 1-bath units, one 2-bedroom + 1-bath unit, and two 2-bedroom + 2-bath units, providing broad tenant appeal and strong rentability. The property includes six on-site parking spaces and has completed its seismic retrofit.Located in the Pico-Robertson neighborhood, 1037 S. Holt Avenue offers residents exceptional access to major employment and lifestyle centers including Beverly Hills, Century City, Culver City, and West Hollywood. The neighborhood is known for its walkable atmosphere, diverse dining options, and convenient proximity to transit and major thoroughfares, making it one of the most consistently sought-after rental markets in Los Angeles.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
26669051
Year Built
1957
Total Square Footage
5,330
Lot/Acreage
0.15
County
Los Angeles
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer: Other
- Parking Features: Carport,Detached Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4332024013
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Questions About..
1037 S Holt Ave Los Angeles, CA 90035
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