1531 Cambria Street

Property Overview

Fully Permitted Duplex 100% Occupied, Prime Central Location. This fully permitted two-unit apartment building offers an excellent investment opportunity with a strong 7.5% cap rate and immediate cash flow from day one. The property consists of: First Floor: 4 bedrooms / 2 bathrooms (currently owner-occupied), Second Floor: 4 bedrooms / 2 bathrooms (fully rented to four tenants). The upstairs unit features a shared kitchen and laundry area. One bedroom includes a private bathroom and shower, while the second bathroom is shared by the remaining three tenants. Parking space is available for up to four vehicles. Ideally located in the heart of Los Angeles, just minutes from LA Live, Crypto.com Arena (formerly Staples Center), the Financial District, Koreatown, Echo Park, and Filipinotown. The property offers excellent freeway access and proximity to major employment, dining, and entertainment hubs. Within distance to Starbucks, McDonald's, Panda Express, Bank of America ATM, and Good Samaritan Hospital.A short drive to 7th & Fig, Gold's Gym, Target, Zara, Nordstrom Rack, Ralphs, and LA Live.Also near cultural landmarks including Walt Disney Concert Hall, Dorothy Chandler Pavilion, The Broad Museum, LA Opera, Whole Foods Market, and FIDM.This is a rare opportunity to acquire a centrally located, income-producing property in a high-demand rental market.

Home Details

Property type: Residential Income
Year built: 2006
Living area: 2,496 sq ft
Lot size: 3,825 sq ft
Parking: 4 spaces
Stories: 2
Days on market: 36
MLS status: Active
Zoning: LAR4

Features & Amenities

Appliances

Dishwasher
Disposal
Microwave
Refrigerator
Dryer
Washer

Parking

Driveway

Security

Carbon Monoxide Detectors
Gated Community

Community, Schools & Utilities

Community

Fireplace: Yes
View: None

Utilities

Heating: WallFurnace
Cooling: None
Sewer: Other

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Location & Neighborhood

Los Angeles, CA 90017

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Frequently Asked Questions About 1531 Cambria Street

Property type: Residential Income

The current asking price is $1,150,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1531 Cambria Street. Our team will confirm availability and timing.

This 4 bedrooms and 4 bathrooms property offers approximately 2,496 square feet of living space. It was built in 2006. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 36 days. Status can change, so verify availability before relying on it.