Spanish-Style Duplex with
1531 S Holt Ave, Los Angeles, CA 90035
For Sale
New
$1,700,000
Residential Income, Spanish, Los Angeles, CA
Property Size3,128 SF
Lot Size0.15 Acres
Price / SF$543.48
Days on Market1
Property Features for 1531 S Holt Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Amenities
courtyard
laundry room
Building Details
Year built
Floors in Building
Number of units
Architectural style
Buildings
Listing Agency:
Compass
(310) 230-5478
Listed By:
Kenny Stevens · License CA #01090251
(310) 968-7005
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 26108062
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1936 Spanish-style duplex contains two 2-bedroom, 1.5-bath residences, each approximately 1,564 square feet, within a 3,128-square-foot building. Both units are leased at market rents. The property retains a clay tile roof and mature landscaping, with a paved rear courtyard, patio, and detached garages. Improvements include foundation work around 2006, a kitchen and bathroom remodel in one residence in 2008, dual-pane windows in 2010, and electrical rewiring in that unit in 2011. The roof was replaced and an exterior stairway rebuilt in 2024; bathroom tile work followed in 2025, and the laundry room was remodeled in 2026.
The property occupies a 6,505-square-foot lot with LAR3 zoning, just south of Pico Boulevard in the Pico-Robertson area. Pico and Olympic Boulevards provide access across the Westside, with Beverly Hills, Century City, and Culver City a short drive away. Detached garages and rear outdoor area are existing site features; any future housing or garage conversion would require feasibility review and applicable approvals.
The property occupies a 6,505-square-foot lot with LAR3 zoning, just south of Pico Boulevard in the Pico-Robertson area. Pico and Olympic Boulevards provide access across the Westside, with Beverly Hills, Century City, and Culver City a short drive away. Detached garages and rear outdoor area are existing site features; any future housing or garage conversion would require feasibility review and applicable approvals.
Key Highlights
- Two 2‑bedroom, 1.5‑bath residences; approximately 1,564 square feet per unit
- 3,128‑square‑foot building on a 6,505‑square‑foot LAR3‑zoned lot
- Both residences leased at market rents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,626
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,520
$1.1M
Cap Rate 7%
$780,371
$780.4K
Cap Rate 9%
$606,956
$607.0K
Market Conditions
NOI Build-Up for 3,128 SF
Gross rent
$84.5K $27.00/SF
− Vacancy
−$6.4K −$2.05/SF
EGI
$78.0K $24.95/SF
− OpEx
−$23.4K −$7.48/SF
NOI
$54.6K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,520
Cap Rate 7%
$780,371
Cap Rate 9%
$606,956
Alternative Uses
Best Use
Multifamily LT 5
$780.4K
$682.8K – $910.4K
NOI $54,626 @ 7.0% cap · market cap 3.21%
Second Best
Apartment 5plus
$719.0K
$629.2K – $838.9K
NOI $50,332 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,418 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,791
Businesses Nearby
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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
$1,844,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Los Angeles, CA
Properties on Market for Duplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased residences sit on an LAR3-zoned parcel with detached garages and substantial outdoor space.
Where is this duplex located?
The property is located at 1531 S Holt Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1.5‑bath residences; approximately 1,564 square feet per unit; 3,128‑square‑foot building on a 6,505‑square‑foot LAR3‑zoned lot; Both residences leased at market rents
