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$ 2,695,000
Est. payment /mo
New
1431 S Holt AVE Los Angeles, CA 90035
14 Beds
12 Baths
6,923 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,923 sqft
Price per Sqft $389
MLS Listing ID 25628671
Bedrooms 14
HOA Y/N No
Year Built 1962
Property Description
We are very pleased to exclusively offer for sale 1431 S. Holt, a 7-unit multi-family property located in the heart of the prime Pico/Robertson enclave of Los Angeles. First time on the market in over 20 years! Built in 1962, 1431 S. Holt Avenue totals 6,923 square feet over an excellent mix of one, two and three bedroom units on a 6,500 square foot lot zoned R3. Boasting a strong annual gross income of over $213,000, this well maintained multi-family asset has potential for additional ADU units added in some unused storage spaces at the rear of the building (buyer to verify). Exclusively listed at $2,695,000, the property is being offered for at an in-place 5.4% cap rate and a 12.6 GRM. The property offers both gated and open parking areas and the seismic retrofitting has already been completed. Amazing opportunity to acquire 7 units in a prime location - first time on market in over 22 years! Many units have balconies and several of the units have been remodeled. A rare opportunity to purchase seven units in a prime location with a strong, stable rent roll, excellent unit mix, ADU potential and so much more!1431 S. Holt Avenue presents an excellent opportunity to acquire a 7-unit multifamily investment in a strong West Los Angeles rental pocket. Offered at $2,695,000, the property delivers a solid 5.4% cap rate, providing immediate, in-place cash flow with long-term upside. The well-maintained asset features a very desirable unit mix that appeals to a broad tenant base, benefiting from consistent rental demand driven by the property's proximity to Culver City, Beverly Hills, and major employment hubs along the Westside. Investors will appreciate the stable income profile, ease of management, and durable fundamentals that make this property well-suited for both private investors and 1031 exchange buyers. Situated on a quiet residential street while still offering convenient access to major thoroughfares, retail, dining, and public transportation, 1431 S. Holt Avenue combines location, income, and long-term appreciation potential. The offering represents a rare chance to acquire a smaller, manageable multifamily asset at an attractive basis in one of Los Angeles' most resilient rental markets.
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LAR3
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Controlled Entrance, Gated
Garage Spaces 5.0
Garage Description 5.0
Total Parking Spaces 8
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4303019036
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Virtual Tour https://youtu.be/8i3wodeU-qI?si=aM6xpNLrNPl2V2V1
Listed by Dana Brody Dana Brody