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1072 Leonard Avenue, Los Angeles, CA 90022

Property · 2 recorded sales since 2016

1072 Leonard Avenue, Los Angeles, CA 90022 Sold April 2026 CRMLS
$1,114,850Sold April 2026

Listing Agent: Aaron Jacobson (DRE #02100737) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-729-1559 · Bought with: Kian Maronde · Marcus & Millichap · MLS #SB26051757 · Source: CRMLS

7,007 sqft
Lot Size
1930
Year Built
Property
Type
4
Garage

How this sale compares

1072 Leonard Avenue sold for $1,114,850 in April 2026, 5.5% under its $1,180,000 list price, after 17 days on the market. Across 67 closed sales in 90022 over the last 12 months, the median sold price is $745,000 and the median is $507 per square foot.

$507
90022 median per sq ft (12 mo)
$745,000
90022 median sold price (12 mo)
67
Closed sales in 90022 (12 mo)
17
Days on market
−5.5%
Sold vs. list price
QuarterClosed sales in 90022Median sold price
Q1 20266$680,500
Q2 202625$758,000
Q3 202626$752,500
Q4 202610$657,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90022

Description

1072 Leonard Ave presents an excellent opportunity to acquire a well-located six-unit multifamily property in the heart of East Los Angeles. The property features a desirable unit mix consisting of (1) Studio, (4) 1-bedroom/1-bath units, and (1) 2- bedroom/1-bath unit, currently collecting $10,196.73 in monthly rent. Situated on a large 7,007 square foot lot, the property comes with approved plans for a (2) 1-Bed/1-Bath ADUs, allowing an investor to start construction immediately. After construction, the property is projects a 8.18% Cap Rate (After factoring in Construction costs). Currently operating at a 6.47% cap rate and 9.64 GRM, the property provides stable in-place income with upside potential for an investor looking to grow rents over time. East Los Angeles is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. A vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, East LA offers a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene. With a close proximity to the train line stop and walking distance to Hollenbeck Park, and restaurants, bars and nightlife.

Listing description from the April 2026 sale, as reported to CRMLS.

Sale history

$1,114,850
Sold April 2026 · listed $1,180,000, on market March 2026, 17 days on market · MLS #SB26051757 · Source: CRMLS
Listing Agent: Aaron Jacobson · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-729-1559 · Bought with: Kian Maronde · Marcus & Millichap
$843,000
Sold August 2016 · listed $848,000, on market April 2016, 69 days on market · MLS #P0-316003249 · Source: CRMLS
Listing Agent: Lynette Sohl · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: (626) 440-5100 · Bought with: Monique Rad-Stein · Power Brokers International

Recent sales near 1072 Leonard Avenue

Closed sales reported in 90022, nearest first, last 12 months. All recent sales in Los Angeles →

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Sale history for this address is based on MLS-reported closed transactions provided through CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Nalren does not provide price estimates or valuations.

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