$1,000,000
$1,049,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
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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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with AGENCY 8 REAL ESTATE GROUP
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