1820 S La Brea Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

1820 S La Brea Avenue

Los Angeles, CA 90019
15 Baths
6,261 Sq Ft
Built 1963
$2,599,000
Price ReducedWas $3,200,000 — $2,599,000 (-$601,000)

Property Overview

**PRICE REDUCTION - MOTIVATED SELLER** 1820 S. La Brea Avenue is a 6,261 square foot, fifteen-unit apartment building situated on a 5,802 square foot lot in Mid-City, just south of Venice Boulevard. The property offers immediate access to the I-10 Freeway and is centrally located near major Los Angeles employment hubs, retail corridors, dining, and entertainment.The building consists of fifteen studio units, thirteen of which have been recently renovated. Three units are in the process of being delivered vacant, providing additional flexibility for an investor. Nearly all tenants receive government-backed housing assistance, providing stable and reliable income. The property includes eight on-site parking spaces. Offered at a 7.92 GRM and 8.34% CAP rate, the asset provides strong in-place cash flow. Seismic retrofitting has been recently completed, minimizing near-term capital expenditure requirements.The property presents additional value-add potential, including a possible ADU opportunity and the potential for motel-use conversion (buyer to verify). This is a stabilized, income-generating asset located in a highly desirable rental submarket.

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Home Details

Property type
Residential Income
Year built
1963
Living area
6,261 sq ft
Lot size
5,802 sq ft
Parking
8 spaces
Stories
3
Days on market
132
MLS status
Active
Zoning
LAR3

Features & Amenities

Parking

  • Carport
  • Driveway

Community, Schools & Utilities

Utilities

Heating
None
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Location & Neighborhood

1820 S La Brea Avenue

Los Angeles, CA 90019

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Frequently Asked Questions About 1820 S La Brea Avenue

Property type: Residential Income

The current asking price is $2,599,000. 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 1820 S La Brea Avenue. Our team will confirm availability and timing.
This 15 bathrooms property offers approximately 6,261 square feet of living space. It was built in 1963. 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 132 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Yigal Fatirian
MLS ID: CLW-C145450

Available property

$2,599,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.