1864 Cordova St Los Angeles, CA 90007
47-unit apartment building in Los Angeles with recent renovations.
Type:Multifamily
Property size:
11,024 SF- Added:
- Feb 27, 2026
- Days on Market:
- 33
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 1864 Cordova St
General Information
- Standard status
- Active
- Size
- 11,024 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1956
Listing agent Logan Altman License #01965826
Listing office Altman Apartments
Listing date Feb 27, 2026
Source Crexi
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 Altman Apartments
Overview
Updated Multifamily Investment Opportunity
Located on Cordova Street in Los Angeles, this multifamily property presents a mid-city investment opportunity. The property features 47 updated units and a 2025 Certificate of Occupancy. Renovations completed in 2023, totaling over $2.3 million, have effectively created a new building. Upgrades include new plumbing, electrical systems, roof, drywall, paint, flooring, and cabinetry. The property has a current occupancy of 95%. The current net operating income is $560,670, with a capitalization rate of 7.48%. Investment projections indicate a capitalization rate of 7.86% and a cash on cash return of 9.42%. The property size is 11,024 square feet. The surrounding neighborhood is described as bustling, with estimated median household incomes exceeding $53,000 within a 1-mile radius by 2026.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.29934
- Latitude
- 34.03891
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 47-unit apartment building in Los Angeles with recent renovations.
Where is this apartment building located?
The property is located at 1864 Cordova St Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Substantial 2023 renovations totaling over $2.3 million, essentially creating a brand‑new building.; Strong financial performance with a current NOI of $560,670 and a CAP rate of 7.48%.; High 95% occupancy rate indicating stable rental income.
