Multifamily For Sale

$1,500,000

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1746 S La Brea Avenue

  • – beds
  • – baths
  • – sqft
  • 5,796 sqft lot
  • 1958 build
  • on site

I am pleased to present the opportunity to acquire 1746 South La Brea Avenue, a six-unit apartment community in Mid-City. 1746 South La Brea Avenue is situated just south of Venice Boulevard within the Mid-City submarket in a dense infill pocket of Los Angeles. The well-maintained property built in 1958 consists of two one-bedroom units and four two-bedroom units. Its 5,796 square foot lot is located within a highly desirable pocket of Mid-City Los Angeles. It is walking distance to the main intersection of La Brea Avenue & San Vicente Boulevard providing convenient access to daily errands, retail and entertainment venues. The property features nine on-site parking spots(five covered & four uncovered).The continued gentrification of the surrounding area along with the remaining value add potential for a new owner to renovate the building to achieve superior future returns moving forward makes 1746 South La Brea Avenue an excellent investment opportunity.

CRMLS_CA logo Listing courtesy of CRMLS_CA / Sean Rosenzweig / Marcus & Millichap

Last checked: Checking… • Last updated May 8, 2021 •

MLS# 21707218 —

Amenities & Taxes

The Building

Year Built:
1958
Building Area Total:
4917.00
Number Of Buildings:
1
Total Number Of Units:
6
Stories Total:
2

Location

Directions:
1746 South La Brea Avenue is situated just south of Venice Boulevard within the Mid-City submarket in a dense infill pocket of Los Angeles.
Latitude:
34.04285000
Longitude:
-118.34617200

The Property

Zoning:
LAR3
Lot Size Area:
5796.0000
Lot Size Acres:
0.1300
Lot Size Square Feet:
5796.00
Lot Size Source:
Assessor

Listing Agent

Contact info:

The Listing

Buyer's Brokerage Compensation:
2.000%
Special Listing Conditions:
Standard
Buyer's Brokerage Compensation:
$2
Parcel Number:
5067004018

The Community

Senior Community:
No

Parking

Parking:
Yes
Parking:
Covered

Schools

Rating Details

Alta Loma Elementary School

  • Public
  • K-5
  • 0.4 mi

Johnnie L Cochran Jr Middle School

  • Public
  • 6-8
  • 1.1 mi

Los Angeles High School

  • Public
  • 9-12
  • 1.2 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

  • FEMA Zone (est.):
  • Flood insurance:

Get an instant insurance quote

Flood likelihood over time

year probability
1y 3%
5y 16%
10y 27%
15y 37%
20y 45%
25y 52%
30y 59%

Because risk accumulates over time, this property has a 59% chance of flooding within the next 30 years.

Provided by Flood Factor™

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WalkScore®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Loud Moderate Quiet

Max Internet Speed

AT&T Fiber

Provided by BroadbandNow®

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Sale history

Date Event Source Price % Change
3/18/21
Listed / Active CRMLS_CA $1,500,000

Finding records…

No additional history available

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1746 S La Brea Avenue
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