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1820 S La Brea Avenue, Los Angeles, CA 90019

$2,599,000 Approx. USD 0 beds, 15 baths
6,261 sqft

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Photo of Pamela Brown

Marketed By Pamela Brown REALTOR® - Sales Associate 310-714-1681 m
310-230-3746 o
Lic#: 01996591
NRDS ID: 175530824
pamelabrown@bhhscal.com Brentwood Office
11677 San Vicente Blvd, Suite 307
Los Angeles, CA 90049
Phone: 310-207-7080
Fax: 310-207-5477

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Listing Agent

Yigal Fatirian | Yigal@lyonstahl.com
Lic#: 02059042
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 310-425-9838

Agent Remarks

**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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26653223

List price is $2,599,000 Reduced by $100,000 on 6/10/2026

Price: $2,599,000

Beds: 0

Baths: 15

Built in 1963

6,261 sqft

0.13 acres

Lot size: 0.1332

County: Los Angeles

Zoning: LAR3

Parking description: Carport,Driveway

Heating description: None

MLS area: C16 - Mid Los Angeles

Last Updated: 6/30/2026

Days On Market (DOM): 148

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.041697, -118.346566.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Previous Listing

Photo of Pamela Brown

Pamela Brown REALTOR® - Sales Associate 310-714-1681 m
310-230-3746 o
Lic#: 01996591
NRDS ID: 175530824
pamelabrown@bhhscal.com
Brentwood Office
11677 San Vicente Blvd, Suite 307
Los Angeles, CA 90049