- – beds
- – baths
- – sqft
- 7,252 sqft lot
- 1923 build
- – on site
Prime 8-Unit Multifamily Investment Opportunity in High-Demand Los Angeles Rental District Introducing a well-maintained and newly remodeled 8-unit multifamily property ideally situated in one of Los Angeles' most sought-after rental markets. With exceptional easy access to the 10, 110, and 101 freeways, this turnkey asset offers both convenience, enduring rental appeal and strong investment returns. This two-story, 5,040 square foot building features a balanced and desirable unit mix of four spacious 1-bedroom/1-bath units and four private studio units—ideal for a diverse and board tenant base. A standout feature rarely found in multifamily buildings, each of the eight units includes individual in-unit laundry hookups, this rare and valuable amenity enhances tenant convenience and comfort, increases the units appeal and rental value, and shortens the vacancy period and reduces time to re-acquire a replacement tenant. Further maximizing operational efficiency, each unit is separately metered for both gas and electricity. The property is securely gated at both the front and rear, offering a large, well-kept front lawn—a safe and welcoming space and perfect for families with younger children. A gated rear parking area offers tenants with added security and convenience. Whether you're an investor looking to expand your portfolio with a strong income-producing asset or seeking a 1031 exchange opportunity, this stabilized, high-yield, turnkey property checks all the boxes. Don't miss this rare opportunity to acquire this quality stabilized and high-yield multifamily investment in a thriving Los Angeles urban core area. Call TODAY!
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Last updated Jun 4, 2025
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MLS# TR25124084 —
The Building
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Year Built:1923
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Year Built Source:Builder
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New Construction:No
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Construction Materials:Other
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Building Area Total:5040.00
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Building Area Units:Square Feet
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Total Number Of Units:8
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# of Buildings:1
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Architectural Style:See Remarks
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Roof:Other
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Foundation:See Remarks
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Exterior Features:Lighting
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Stories Total:2
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Entry Level:1
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Accessibility Features:None
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Common Walls:1 Common Wall
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# of Separate Gas Meters:8
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# of Separate Water Meters:1
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# of Separate Electric Meters:8
Interior
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Features:Ceiling Fan(s)
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Levels:Two
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Entry Location:1
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Door Features:Sliding Doors
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Window Features:Blinds
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Flooring:Tile
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Room Type:Kitchen
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Fireplace:No
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Fireplace:None
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Laundry:Inside
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:W 12th Street and Arapahoe
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Latitude:34.04975400
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Longitude:-118.28501700
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LAR3
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Lot Features:6-10 Units/Acre
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Lot Size Area:7252.0000
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Lot Size Acres:0.1665
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Lot Size SqFt:7252.00
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Lot Size Source:Assessor
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View:None
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Fencing:Fair Condition
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Fence:Yes
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Security Features:Window Bars
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Road Frontage:Alley
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:213...
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Tax Lot:123
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5076014007
Heating & Cooling
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Heating:1
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Heating:Electric
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Water Connected
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
Appliances
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Appliances:Gas Oven, Gas Range
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Included:Yes
The Community
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Features:Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:10.00
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Uncovered Spaces:10.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/3/25
Jun 3, 2025
|
Listed / Active | CRMLS_CA | $1,400,000 | 4.6% (1.1% / YR) |
11/1/24
Nov 1, 2024
|
Listed / Active | CRMLS_CA | ||
3/15/24
Mar 15, 2024
|
Listed / Active | CRMLS_CA |