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!
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!
Property Details
Price:
$1,875,000
MLS #:
SB25011289
Status:
Pending
Baths:
0
Address:
1915 S Central Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Feb 10, 2025
State:
CA
ZIP:
90011
Lot Size:
5,150 sqft / 0.12 acres (approx)
Year Built:
1905
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Schools
Interior
Exterior
Community Features
Biking
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1915 S Central Avenue Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1915 S Central Avenue
Los Angeles, CA
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