$2,300,000

1043 S Holt Avenue, Los Angeles, CA 90035

  • 5,524 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $416/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

1043 S. Holt Avenue presents a rare opportunity to acquire a well-maintained six-unit multi-family asset in the heart of Pico Robertson, one of Los Angeles's most desirable and centrally located rental neighborhoods. Priced at $2,300,000, the property offers both immediate occupancy flexibility andstrong investment fundamentals. Four units will be delivered vacant at close of escrow, including a spacious 3-bedroom, 2-bath owner's unit, ideal for an owner-user or investor seeking to maximize rentalincome and long-term appreciation. Once vacant units stabilizes, the asset is projected to operate at anapproximate 6.0 % CAP rate and 11.14 GRM, highlighting both its solid current performance and futureincome growth potential with proforma CAP rate 7.14% and 9.83 GRM! Originally constructed in 1956 and offered for the first time by the original builder's family, thislegacy property combines mid-century character with a proven income profile. The 5,524-square-footbuilding sits on a 6,381-square-foot lot and features a desirable unit mix of four 1-bedroom + 1-bathunits, one 2-bedroom + 2-bath unit, and one 3-bedroom + 2-bath unit, an ideal configuration forbroad tenant appeal and strong rentability. Seismic retrofit plans have already been approved by the City and will be included in the

Listing Status:
Active
Date Added:
October 16, 2025 at 05:00AM
Listing Office:
Coldwell Banker Realty : 310-820-6651
Listing Agent:
Eric Sackler : 310-979-4990
MLS ID:
CL25607081
  • Laundry: Common Area
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: Other
  • County: Los Angeles
  • Zoning: LAR34332024029
  • View: City Lights
  • Utilities: Other Water/Sewer
  • Water: Other
  • Sewer: Other

This listing courtesy of Eric Sackler, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Carthay School

6351 W Olympic Blvd, Los Angeles, CA, 90048

Grades KG-5

0.54 miles away

L

Los Angeles Center for Enriched Studies

5931 W 18th St, Los Angeles, CA, 90035

Grades 6-12

1.04 miles away

L

Los Angeles Center for Enriched Studies

5931 W 18th St, Los Angeles, CA, 90035

Grades 6-12

1.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby