Mid-City Multifamily Investment
For Sale
$2,100,000
1037 S Holt Avenue, Los Angeles, CA 90035
Well-maintained 6-unit multifamily asset in Mid-City Los Angeles.
Property Size5,330 SF
Days on Market125
Property Features for 1037 S Holt Avenue
General Information
Standard status
Active
Size
5,330 SF
Property subtype
Multifamily
Net Operating Income
$101,120
Building Details
Building Size
5,330 SF
Year Built
1957
Stories
2
Listing Agency:
CBC
(310) 979-4990
Listed By:
Eric Sackler
(310) 979-4990
Source:
Cbcworldwide
Added: Apr 8
Changed: Aug 8
Last Checked: Aug 8 at 4:43AM
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 CBC
Investment Insights
Based on property information with market context.
1037 S Holt Ave presents an opportunity to acquire a well-maintained 6-unit multifamily asset in a desirable Mid-City Los Angeles location, east of Beverly Hills. The property offers stable income with 5 units currently occupied, along with value-add potential. The property is offered at $2,100,000, which equates to $394 per square foot and $350,000 per unit. The current capitalization rate is 4.82% with a gross rent multiplier of 12.53. There is a path to improved performance, potentially reaching a 6.70% capitalization rate and 10.00 gross rent multiplier through organic rent growth and unit turnover. The property is located in Los Angeles, CA 90035.
Key Highlights
- Prime Mid‑City Los Angeles location, east of Beverly Hills.
- Stable, in‑place income with 5 of 6 units currently occupied.
- Value‑add potential through organic rent growth and unit turnover.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,843
Businesses Nearby
Explore this area
Business Placement
Demographics for 90035, CA
30,294
Population
13,795
Households
2.2
Avg Household Size
37
Median Age
68%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
13,171
Density / Sq Mi
$108,224
Median Household Income
$67,202
Median Earnings
$2,486
Median Rent
$1,844,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 6-unit multifamily asset in Mid-City Los Angeles.
Where is this apartment building located?
The property is located at 1037 S Holt Avenue 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: Prime Mid‑City Los Angeles location, east of Beverly Hills.; Stable, in‑place income with 5 of 6 units currently occupied.; Value‑add potential through organic rent growth and unit turnover.
