1820 S La Brea Avenue, Los Angeles, CA 90019

About this property

JUST REDUCED $200,000!! 1820 South La Brea is a 15 Unit Investment Opportunity in Los Angeles, perfect for both seasoned and new apartment investors alike! This 6200 square foot asset has a remarkable 35% upside in potential rent and is located near the trending Lafayette Square/Mid City area, which is currently undergoing dramatic changes. The building is master metered for utilities and has well laid out, cozy units with kitchenettes - several have full kitchens. The Unit Mix consists of 5 Studio units and 10 Bachelor units, with 10 compact parking spots available for tenants. Property is located within the newly formed Opportunity Zones! See remarks for more info.

Listing description from the March 2019 sale, as reported to CRMLS.

Sale history

$1,750,000

Sold March 2019 · listed $1,900,000, orig. $2,550,000, on market June 2018 · MLS #SB18151575 · Source: CRMLS

Listing Agent: Josh Cohen · Listing Office: Keller Williams Beach Cities · Contact: 310-939-9300 · Bought with: Len Kay · CRMLS

$800,000

Sold December 2013 · listed $1,125,000, on market October 2013 · MLS #SR13216947 · Source: CRMLS

Listing Agent: Oscar Rodas · Listing Office: Barbara Simmons · Contact: 805-495-5858 · Bought with: Oscar Rodas · Barbara Simmons

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