tomo logo

$1,800,000

Beds
8
sq ft
4,076

1816 S La Brea Ave, Los Angeles, CA 90019

1816 S La Brea Ave

Los Angeles, CA 90019

  • 6 days on market
Well maintained and updated 5 Unit apartment building with rent at or near market rates. 4 units with 2BR/1BA and a studio in the rear with 3/4 bath and mini kitchen. Each unit has been updated and/or maintained with features such as stainless steel appliances, granite counter tops, wood flooring, recessed lighting, sconces, double pane windows and all the 2BR units have central AC/Heat and stackable washer/dryer! Outside of being a turn key investment it has potential for value-add improvement such as room for adding a second bathroom to the 2BR units and with a generous lot size there is plenty of room for a ADU adding a 5unit + 1.

Details

Property type

Est. home value

$2,128,706

Property condition

Updated/Remodeled

Lot size

7,252 sq ft

Price per sq ft

$442

Year built

1924

HOA

No

Price History

03/22/2025
CLAW

CLAW #25515323

Listed
$1,800,000
+44%
07/29/2015
CRMLS

CRMLS #OC15034277

Sold
$1,250,000

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

October 2022

Original loan amount

$660,000

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Commercial

Seller

Mountainside Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/28/2025 at 4:45 PM

Listing updated: 03/22/2025 at 9:45 PM

Listed by: Paul Barbosa, Century 21 Hollywood Phone #: (323) 462-7436

MLS: CLAW #25515323

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