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1627 N Poinsettia Place

Los Angeles, CA 90046

– beds
– baths
– sqft
8,439 sqft lot
1965 build
– on site

1627 N Poinsettia Place is a 20-unit situated in a prime Hollywood locationone of the most desirable rental submarkets in Los Angeles. Originally built in 1965, the three-story building spans approximately 14,817 square feet. The asset features an ideal unit mix consisting of: (2) Studio units, (14) One-Bedroom / One-Bath units, (4) Two-Bedroom / Two-Bath units. The majority of units are currently rented at below-market rates, presenting a classic value-add opportunity for investors seeking long-term upside through renovation and repositioning. Notable recent capital improvements include a new elevator system and upgraded master water heater, enhancing both reliability and tenant experience. One of the two bedroom units serves as a spacious, well-renovated owner's unit, while the on-site manager's studio unit will be delivered vacant at close of escrow, offering flexibility for new management or rental use. Additional property highlights include gated subterranean parking, a rare and desirable amenity in this dense urban area. This offering presents a unique opportunity for an astute multifamily investor to acquire a well-located, income-generating asset with significant upside potential in the heart of Hollywood.

Listed By CRMLS_CA / Errol Spiro / Miller & Desatnik Realty Co.

Last checked: Checking… • Last updated Jun 17, 2025 •

MLS# 25551207 —

The Building

Year Built:

1965
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

14817.00
Total Number Of Units:

20
# of Buildings:

1
Stories Total:

3

Interior

Levels:

Three Or More

Location

Directions:

North of Sunset Blvd and West of N La Brea Ave.
Latitude:

34.10062800
Longitude:

-118.34817200

The Property

Property Type:

Residential Income
Zoning:

LAR3
Lot Size Area:

8439.0000
Lot Size Dimensions:

60x140
Lot Size Acres:

0.1937
Lot Size SqFt:

8439.00
Lot Size Source:

Assessor

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5548009033

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Appliances

Appliances:

Dishwasher, Refrigerator
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Subterranean
Parking Spaces:

22.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/11/25 Jun 11, 2025	Listed / Active	CRMLS_CA	$5,095,000
2/27/24 Feb 27, 2024	Listed / Active	CRMLS_CA

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This multifamily located in Central LA, Los Angeles, CA 90046 is currently for sale for $5,095,000. 1627 N Poinsettia Place is a – square foot multifamily with – beds and – baths that has been on Estately for 7 days. 1627 N Poinsettia Place is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 95, making it a walker’s paradise. This multifamily is in the attendance area of Hubert Howe Bancroft Middle School, Gardner Street Elementary School, and Hollywood Senior High School.

Listing Courtesy of: CRMLS_CA and Miller & Desatnik Realty Co.. Based on information from California Regional Multiple Listing Service, Inc. as of 22:56 on Jun 18.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.