1627 N Poinsettia Place
Los Angeles, CA, 90046
$5,095,000
Beds
0 Baths
SqFt
0.19 Acres
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MLS #25551207 image #0
1627 N Poinsettia Place is a 20-unit situated in a prime Hollywood locationone of the most desirable rental submarkets in Los Angeles. Originally built in 1965, the three-story building spans approximately 14,817 square feet. The asset features an ideal unit mix consisting of: (2) Studio units, (14) One-Bedroom / One-Bath units, (4) Two-Bedroom / Two-Bath units. The majority of units are currently rented at below-market rates, presenting a classic value-add opportunity for investors seeking long-term upside through renovation and repositioning. Notable recent capital improvements include a new elevator system and upgraded master water heater, enhancing both reliability and tenant experience. One of the two bedroom units serves as a spacious, well-renovated owner’s unit, while the on-site manager’s studio unit will be delivered vacant at close of escrow, offering flexibility for new management or rental use. Additional property highlights include gated subterranean parking, a rare and desirable amenity in this dense urban area. This offering presents a unique opportunity for an astute multifamily investor to acquire a well-located, income-generating asset with significant upside potential in the heart of Hollywood.

Property Details

Price:
$5,095,000
MLS #:
25551207
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c20hollywood
Listed Date:
Jun 9, 2025
Lot Size:
8,439 sqft / 0.19 acres (approx)
Year Built:
1965
C20hollywood

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Schools

Interior

Appliances
Dishwasher, Refrigerator
Heating
Wall Furnace

Exterior

Parking Features
Subterranean
Parking Spots
22.00

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Los Angeles as of Oct 23, 2025
1,650
Residential Income Listed
212
Avg DOM
$1,943,637
Avg List Price

Property Summary

    1627 N Poinsettia Place Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90046. It is listed for $5,095,000

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1627 N Poinsettia Place
Los Angeles, CA