1034 S Herbert, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1034 S Herbert,Los Angeles, CA 90023
$2,100,000
  • - Beds
  • - Baths
  • 5,616 sq. ft.
  • Multi-family
  • Active
Listed by: benjamin lin
Office: 1000 realty corporation626-656-8600
MLS#:AR26026771
Source:CRMLS

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$373.93

About this home

7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.6% CAP rate. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investor’s dream: long-term tenants, below-market rents, and immediate to get cash flow and for growth & appreciation. Ample parking spaces, with a total of 16 parking spots. Due to the large lot size and abundant parking, there is potential to add ADUs. If feasible, the buyer’s potential income could further increase, but the buyer must verify with the...

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Home facts

  • Year built:1992
  • Listing ID #:AR26026771
  • Added:280 day(s) ago
  • Updated:November 12, 2026 at 01:08 PM

Rooms and interior

  • Living area:5,616 sq. ft.

Structure and exterior

  • Year built:1992
  • Building area:5,616 sq. ft.
  • Lot area:0.27 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$373.93

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:16
  • Parking description:8 Carport Space(s)
  • Carport spaces:8
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