2466 Lancaster Avenue, Los Angeles, CA 90033

About this property

Prime 6-unit apartment complex located near the USC Health Sciences Campus in one of Los Angeles' most dynamic and evolving neighborhoods. This low-maintenance, low-cost building offers a balanced investment profile with both stability and upside potential. A couple of the units are already collecting close to market rents. Most of the units have been improved and are occupied by long-standing tenants, providing consistent income and reduced turnover. In addition, the owner-owned laundry machines generate extra income. With proximity to major employment centers, public transit, and ongoing area redevelopment, the property is well-positioned for strong rental demand and long-term appreciation. A rare opportunity to own a multi-unit asset in a high-demand rental market.

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

Sale history

$1,230,000

Sold May 2026 · listed $1,288,000, orig. $1,299,000, on market October 2025 · MLS #25599921 · Source: CRMLS

Listing Agent: Agnes Ferreyra · Listing Office: Realty Source Incorporated · Contact: 877-449-7653 · Bought with: Angel Hsu · VASTREE REAL ESTATE

$1,170,000

Sold August 2023 · listed $1,200,000, orig. $1,300,000, on market April 2023 · MLS #AR23055131 · Source: CRMLS

Listing Agent: Alexander Mercado · Listing Office: Dream House Real Estate · Contact: 626-643-4742 · Bought with: Agnes Ferreyra · Realty Source Incorporated

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