7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.27% CAP rate. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investor’s dream: long-term tenants, below-market rents, and immediate to get cash flow and for growth & appreciation. Ample parking spaces, with a total of 16 parking spots. Due to the large lot size and abundant parking, there is potential to add ADUs. If feasible, the buyer’s potential income could further increase, but the buyer must verify with the city. The property equipped with security cameras.
Property Details
Price:
$2,210,000
MLS #:
AR26026771
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
699notdefined
Listed Date:
Feb 5, 2026
Total Sq Ft:
5,616
Lot Size:
11,841 sqft / 0.27 acres (approx)
Year Built:
1992
See this Listing
Schools
Interior
Laundry Features
AR, IN
Exterior
Community Features
CRB, CW
Parking Spots
16
Financial
Maintenance Fee
$1,576
Map
Community
- Address1034 S Herbert Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90023
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Feb 10, 2026
6,230
Single Family Listed
66
Avg DOM
519
Avg $ / SqFt
$1,494,282
Avg List Price
Property Summary
- 1034 S Herbert Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90023. It is listed for $2,210,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1992. The average price per square foot for Single Family listings in Los Angeles is $519. The average listing price for Single Family in Los Angeles is $1,494,282.
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1034 S Herbert
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