See Home Value
Los Angeles 90019 Mid City
1839 South LA BREA Avenue
$1,760,967*
Multifamily - Off Market

1839 South LA BREA Avenue

Los Angeles (City), CA 90019
bedrooms
6 Beds
bathrooms
6 Baths
square feet
2376 Sqft
$1,080,000 - $1,320,000
Reference Base Price*
46.75%
Since Sep 1, 2019
CA-Los Angeles
Primary Model

About This Property

A stunning, turn-key investment opportunity!  Fully remodeled! A thoughtful updating of a classic 1920's era property optimized with 3 beds and 3 full baths, complete with an open kitchen great room common area format. Excellent income producing property, generating a near 5% return with actual expenses and vacancy factored in. This asset presents rare opportunity to purchase both quality and yield in a rapidly improving submarket of LA at such an attractive price. In addition, this Property is also within an Opportunity Zone, and TOC allowing for an investor to potentially develop a significantly larger apartment building and qualify for special tax treatment at sale. Opportunity knocks!

The manager has listed the unit size as 2376 square feet.
Unit Size
2,376Ft²
Days on Market
-
Land Size
6,304.00 acres
Price per sqft
$505
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Aug 7, 2019 No longer available -
No longer available
Jul 10, 2019 Price Decreased $1,200,000
↓ $25K (2%)
Price Decreased
Jun 19, 2019 Price Decreased $1,225,000
↓ $25K (2%)
Price Decreased
Jun 5, 2019 Relisted $1,250,000
Relisted
May 18, 2019 No longer available -
No longer available
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
3 Baths
2,448 ft²
$441/ft²
$1,080,000 Jun 6, 2022
-
-
Multifamily
6 Beds
-
-
$1,289,000 Nov 4, 2022
-
-
Multifamily
3 Beds
4 Baths
2,559 ft²
$508/ft²
$1,300,000 May 9, 2020
-
-
Multifamily
2 Beds
-
3,342 ft²
$296/ft²
$990,555 Aug 26, 2020
-
-
House
3 Beds
2 Baths
1,768 ft²
$672/ft²
$1,188,000 Mar 30, 2023
-
-
House
4 Beds
3 Baths
2,880 ft²
$486/ft²
$1,399,900 Sep 28, 2022
-
-
House
4 Beds
3 Baths
1,723 ft²
$580/ft²
$1,000,000 Dec 15, 2022
-
-
Multifamily
8 Beds
-
-
$1,350,000 Jun 8, 2021
-
-
Multifamily
4 Beds
-
-
$971,750 Mar 6, 2023
-
-
Commercial
Loft
-
-
$999,000 Feb 15, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190509
05/09/2019
6 Bed
6 Bath
2376 ft²
$1,200,000
bedrooms
6 Bed
bathrooms
6 Bath
square feet
2376 ft²
-
-
-
-

Building Info

1839 South La Brea Avenue 1839 South La Brea Avenue, Los Angeles, CA 90019
More about this Building
1839 South La Brea Avenue
Want to find out who owns 1839 South La Brea Avenue, Los Angeles, CA 90019? Get detailed property transactions here .

About South LA


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