1832 Lansdowne Ave, Los Angeles, CA 90032

$1,000,000

$1,049,000

4.7%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

3,181 SqFt


SOLD DATE : 04/23/2026

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,181 sqft

Price per Sqft $314

MLS Listing ID 25624855

Sold Date 04/23/26

Bedrooms 8

Year Built 1937

Lot Size 5,392 Sqft

Acres 0.1238

Property Sub-Type Multi-Family

Property Description

We are pleased to offer for sale a 4-unit apartment community located at 1832 Lansdowne Avenue. The subject property is located north of the I-10 Freeway and south of Valley Boulevard.The property is located in a desirable pocket of Northeast LA. The building is in close proximity to Downtown LA, the Arts District, and the San Gabriel Valley. This provides residents with convenient access to employment centers, retail, and entertainment in the immediate area.Situated on a 5,390-square-foot parcel, the property is comprised of four two-bedroom units and will be delivered 50% vacant, allowing new ownership to capture immediate upside potential. In-place occupied unit rents average $1,184 approximately 111% below market and with market rents achieving $2,500/month, Lansdowne presents a compelling mark-to-market opportunity through unit turnover and interior upgrades.1832 Lansdowne Avenue offers investors a well-located asset in a desirable Northeast Los Angeles infill neighborhood. The surrounding area continues to improve, supported by ongoing gentrification and strong rental demand. These fundamentals, combined with the property's inherent value-add potential, position a new owner to benefit from both near-term enhancements and long-term appreciation.

Location

State CA

County Los Angeles

Area El Sereno

Zoning LAR1

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 2.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with AGENCY 8 REAL ESTATE GROUP

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