1041 S Corning ST
Los Angeles, CA, 90035
$4,700,000
30 Beds
30 Baths
16,234 SqFt
0.28 Acres
Add
MLS #26865467 image #0
We are pleased to present 1041 S Corning Street, a15-unit (plus one non-conforming single unit) multifamily investment opportunity, located in the coveted Pico Robertson neighborhood. The property sits west of La Cienega Boulevard just south of Olympic Boulevard, a few blocks from Beverly Hills. Built in 1962, the property spans approximately 16,234 SF on a 12,270 SF lot. Offered at $4,700,000 ($313,333/unit, $289.52/SF), reflecting a 5.50% current cap rate and 10.48GRM on in-place income. A diverse unit mix of two one-bedroom units, twelve two-bedroom/two-bath units, one three-bedroom/three-bath unit, and one single, non-conforming unit caters to a wide range of renter profiles. caters to a wide range of renter profiles. The property offers a gated entrance with an intercom system, along with a gated parking garage, providing tenants with a secure, controlled-access living environment. Private balconies are featured on the front and rear of the property add livability and appeal relative to competing product. The property is separately metered for gas and electric. Approximately 9 units have been remodeled with select units featuring new AC Systems. On-site community laundry, equipped with two washers and two dryers. The property offers 16 parking spaces, a notable amenity in the submarket that supports tenant demand and provides the new owner with upside potential through increased parking revenue. The property has experienced healthy natural turnover with limited legacy tenancy, supporting a faster path to market rents for a new owner. Situated in a high-demand, competitive rental submarket just below Olympic Boulevard and west of La Cienega, the property benefits from strong and consistent tenant demand. Several new construction developments along the block signal continued investment and reinvestment in the immediate area, reinforcing long-term value in the location. Pico Robertson remains a tightly held, highly desirable submarket with limited turnover among comparable multifamily assets, offering a rare opportunity to acquire scale just blocks from Beverly Hills.

Property Details

Price:
$4,700,000
MLS #:
26865467
Status:
Active
Beds:
30
Baths:
30
Type:
Single Family
Neighborhood:
c19beverlycentermiraclemile
Listed Date:
Jul 28, 2026
Finished Sq Ft:
16,234
Total Sq Ft:
16,234
Lot Size:
12,270 sqft / 0.28 acres (approx)
Year Built:
1962
C19 – Beverly Center-miracle MileC19beverlycentermiraclemile

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
NO
Heating
NO
Levels
C

Exterior

Parking Spots
16
Parking Total
16

Financial

Gross Operating Income
$448,591
Net Operating Income
$258,575

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Jul 30, 2026
7,679
Single Family Listed
82
Avg DOM
436
Avg $ / SqFt
$1,634,053
Avg List Price

Property Summary

    1041 S Corning ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90035. It is listed for $4,700,000 and features 30 beds, 30 baths, and has approximately 16,234 square feet of living space, and was originally constructed in 1962. The current price per square foot is $290. The average price per square foot for Single Family listings in Los Angeles is $436. The average listing price for Single Family in Los Angeles is $1,634,053.

Similar Listings Nearby

broker reciprocity
MLS# PV26150997broker reciprocity
333 S Arden BL
Los Angeles, CA

$6,100,000

3.0 miles away

broker reciprocity
MLS# 26843337broker reciprocity
2840 Seattle DR
Los Angeles, CA

$6,000,000

4.5 miles away

broker reciprocity
MLS# 26672717broker reciprocity
8545 Charl LN
Los Angeles, CA

$5,999,000

4.3 miles away

broker reciprocity
MLS# 26861785broker reciprocity
1910 Outpost DR
Los Angeles, CA

$5,995,000

3.8 miles away

broker reciprocity
MLS# SB26157184broker reciprocity
10555 Holman
Los Angeles, CA

$5,995,000

3.0 miles away

broker reciprocity
MLS# 26860931broker reciprocity
8468 Fountain AV
West Hollywood, CA

$5,995,000

2.4 miles away

broker reciprocity
MLS# 26847851broker reciprocity
9229 Robin DR
West Hollywood, CA

$5,995,000

3.2 miles away

broker reciprocity
MLS# 26843097broker reciprocity
1214 Beverly View DR
Beverly Hills, CA

$5,995,000

3.8 miles away

broker reciprocity
MLS# SR26119640broker reciprocity
1545 Corinth
Los Angeles, CA

$5,950,000

4.2 miles away

broker reciprocity
MLS# 26739843broker reciprocity
1380 Summitridge PL
Beverly Hills, CA

$5,950,000

3.5 miles away

1041 S Corning ST
Los Angeles, CA