1034 S Herbert, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:ERA Excel Realty
1034 S Herbert,Los Angeles, CA 90023
$2,210,000
  • - Beds
  • - Baths
  • 5,616 sq. ft.
  • Multi-family
  • Active
Listed by: benjamin lin
Office: 1000 realty corporation
MLS#:AR26026771
Source:CRMLS

Price summary

  • Price:$2,210,000
  • Price per sq. ft.:$393.52

About this home

7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.27% 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:46 day(s) ago
  • Updated:March 23, 2026 at 01:18 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:$2,210,000
  • Price per sq. ft.:$393.52

Features and amenities

  • Laundry features:Common Area, Inside

Parking

  • Total parking spaces:16
  • Parking description:8 Carport Space(s)
  • Carport spaces:8
Based on information from California Regional Multiple Listing Service, Inc. as of March 23, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 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.

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