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    1818 Ripple St Los Angeles, CA 90039

    Sponsored
    For Sale
    Under Contract
    $1,595,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    4,640 SF
    Lot size:
    0.14 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 10 at 10:06 am

    Property Features for 1818 Ripple St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    LAR2
    Rooms
    Bedroom 5, Bathroom 7, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 6, Bathroom 6, Bathroom 5, Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 8
    Bedrooms
    6
    Bathrooms
    8
    APN
    5442-012-010
    Parking
    7
    Parking features
    Carport, Gated, Assigned
    Size
    4,640 SF
    Lot size
    0.14 Acres

    Utilities

    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1982
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Mixed, Laminate
    Roof type
    Composition

    Real Brokerage Technologies, Inc. (855) 450-0442 [email protected]

    Listing agent David Robles (619) 663-8680 License #01134528

    Listing date Jan 7, 2026

    Copyright © 2026 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elysian Valley Multifamily Investment Opportunity

    Located in Elysian Valley, this six-unit property offers income and potential. Constructed in 1982, the 4,640 square foot property is exempt from Los Angeles' rent stabilization ordinance and has been professionally managed. The front two-story townhouse-style unit includes 2 bedrooms and 2.5 baths. Behind it are five additional units: four 1-bedroom apartments (one currently vacant) and one single. Several units have been updated with modern kitchens, bathrooms, and flooring, while others have been partially improved. The front unit and one of the rear one-bedrooms feature vaulted ceilings. Situated next to the LA River bike path, the property offers access to cafes, restaurants, and green spaces. The Elysian Valley Recreation Center is nearby. The property generates approximately $10,508 per month with current rents: 2-bedroom townhouse $2,111, 1-bedroom $2,054, 1-bedroom $1,849, 1-bedroom $1,373, single $800, and a vacant 1-bedroom projected at $2,400. Market rental potential is projected up to $13,800 per month: all 1-bedroom units at a market value of $2,400, the 2-bedroom townhouse at $2,700, and the single at $1,500. The lot size is 0.1387 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.245489
    Latitude
    34.098984

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    FAQs

    What type of property is this?
    Apartment building - Six-unit property in Elysian Valley with income and upside potential.
    Where is this apartment building located?
    The property is located at 1818 Ripple St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - Strong income-generating six-unit property in fast-growing Elysian Valley.; - Exempt from Los Angeles rent stabilization ordinance.; - Significant upside potential with projected market rents of $13,800 per month.
    (213) 712-4343
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1818 Ripple St Los Angeles, CA 90039
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