We are very pleased to exclusively offer for sale 1431 S. Holt, a 7-unit multi-family property located in the heart of the prime Pico/Robertson enclave of Los Angeles. First time on the market in over 20 years! Built in 1962, 1431 S. Holt Avenue totals 6,923 square feet over an… Read More excellent mix of one, two and three bedroom units on a 6,500 square foot lot zoned R3. Boasting a strong annual gross income of over $213,000, this well maintained multi-family asset has potential for additional ADU units added in some unused storage spaces at the rear of the building (buyer to verify). Exclusively listed at $2,695,000, the property is being offered for at an in-place 5.4% cap rate and a 12.6 GRM. The property offers both gated and open parking areas and the seismic retrofitting has already been completed. Amazing opportunity to acquire 7 units in a prime location - first time on market in over 22 years! Many units have balconies and several of the units have been remodeled. A rare opportunity to purchase seven units in a prime location with a strong, stable rent roll, excellent unit mix, ADU potential and so much more!1431 S. Holt Avenue presents an excellent opportunity to acquire a 7-unit multifamily investment in a strong West Los Angeles rental pocket. Offered at $2,695,000, the property delivers a solid 5.4% cap rate, providing immediate, in-place cash flow with long-term upside. The well-maintained asset features a very desirable unit mix that appeals to a broad tenant base, benefiting from consistent rental demand driven by the property's proximity to Culver City, Beverly Hills, and major employment hubs along the Westside. Investors will appreciate the stable income profile, ease of management, and durable fundamentals that make this property well-suited for both private investors and 1031 exchange buyers. Situated on a quiet residential street while still offering convenient access to major thoroughfares, retail, dining, and public transportation, 1431 S. Holt Avenue combines location, income, and long-term appreciation potential. The offering represents a rare chance to acquire a smaller, manageable multifamily asset at an attractive basis in one of Los Angeles' most resilient rental markets. Read Less
Courtesy of Dana Brody 818-212-2757
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
14
Square Ft.
6,923
Lot Size
0.15 Acres
Year Built
1962
MLS Number
25628671
30 Days Snapshot Of 90035
$1.74M
-35%
(avg) sold price
6
+20%
homes sold
100
+7%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range/Oven, Refrigerator
Building
6,923 sq ft, Built in 1962, Levels: Two
Cooling
Wall/Window
Disclosures
As Is
Garage
5 total garage spaces, Controlled Entrance, Garage Is Attached, Gated
Heating
Forced Air
Lot
LotAcreage: 0.1493, LotSizeArea: 6,503
Parking
OpenOtherSpacesTotal: 3, TotalParking: 8
Property
NumberOfUnits: 7, Zoning: LAR3
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