Apartment Building with 7
1034 S Herbert Los Angeles, CA 90023
For Sale
Contact for pricing
Built in 1992, the seven-unit apartment building includes 16 parking spaces and security cameras.
Days on Market169
Property Features for 1034 S Herbert
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
1000 Realty Corporation
(626) 445-6660
Listed By:
Benjamin Lin · License #01383988
Source:
Crexi
Added: Feb 5
Changed: Jul 23
Last Checked: Jul 23 at 5:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 1000 Realty Corporation
Investment Insights
Based on property information with market context.
This Los Angeles apartment building, built in 1992, offers seven large units set on a huge lot. The property is presented with actual income and is described as generating a 6.6% cap rate, with rents still below market. The offering also notes an opportunity to increase income through further rent growth, with any potential ADU additions requiring buyer verification with the city. Security cameras are included, and the property provides ample parking with a total of 16 spaces.
Located at 1034 S Herbert, the property is described as convenient to Monterey Park and Downtown LA (about 5 miles), Alhambra (about 7 miles), and South Pasadena (about 8 miles). It is also stated to be close to USC Medical Center and Cal State LA, with proximity to Boyle Heights and local employment hubs. The remarks indicate walking access to shops, schools, and neighborhood dining, and commuter access to major freeways including I-5, I-10, 710, and 60. The seller may carry per the remarks.
Located at 1034 S Herbert, the property is described as convenient to Monterey Park and Downtown LA (about 5 miles), Alhambra (about 7 miles), and South Pasadena (about 8 miles). It is also stated to be close to USC Medical Center and Cal State LA, with proximity to Boyle Heights and local employment hubs. The remarks indicate walking access to shops, schools, and neighborhood dining, and commuter access to major freeways including I-5, I-10, 710, and 60. The seller may carry per the remarks.
Key Highlights
- Seven‑unit apartment building built in 1992 in Los Angeles County
- 16 on‑site parking spaces
- Security cameras on the property
Property Analytics
Location Intelligence
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Apartment buildings
FAQs
What type of property is this?
Apartment building - Built in 1992, the seven-unit apartment building includes 16 parking spaces and security cameras.
Where is this apartment building located?
The property is located at 1034 S Herbert Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Seven‑unit apartment building built in 1992 in Los Angeles County; 16 on‑site parking spaces; Security cameras on the property
