Pending
1915 S Central AVE
LOS ANGELES CA, 90011
$1,875,000
$253.38 per sqft
Pending
1 Bath
7,400 sqft
Multi-family
Built in 1905
Discover this rare investment opportunity in the heart of Historic South Central Los Angeles, featuring 22 studio units and 2 commercial spaces. With a remarkably low cost of just $78,125 per unit, this property presents exceptional value. Offering a total of 7,400 SF of building space on a 5,150 SF lot, it boasts a solid 6.04% current CAP rate with incredible upside potential, including an 12.83% market CAP and a 4.96 market GRM. Conveniently located near the 110 and 10 Freeways, USC, and the vibrant DTLA Arts District, this property s prime location enhances its tenant appeal. With its strong rental upside and unmatched price per unit, this is an outstanding opportunity to invest in a high-demand, rapidly growing area!
SB25011289MR
MLSⓇ ID
February 10, 2025
Listed
February 28, 2025
Updated
Interior Features
Total Stories
2
Total Bathrooms
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.12 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Downtown L.A.
Days on Market
17
Garage
No
Parking Total
0
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAC1
Listing History
Date | Event | Price |
|---|---|---|
2/28/2025 | Pending | — |
Listed by Brett Lyon with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 310-706-4066
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lorissa Singleton shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 2/28/2025
