1072 Leonard Avenue, Los Angeles, CA 90022

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
1072 Leonard Avenue,Los Angeles, CA 90022
$1,114,850
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: aaron jacobson
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26051757
Source:CRMLS

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Price summary

  • Price:$1,114,850

About this home

1072 Leonard Ave presents an excellent opportunity to acquire a well-located six-unit multifamily property in the heart of East Los Angeles. The property features a desirable unit mix consisting of (1) Studio, (4) 1-bedroom/1-bath units, and (1) 2- bedroom/1-bath unit, currently collecting $10,196.73 in monthly rent. Situated on a large 7,007 square foot lot, the property comes with approved plans for a (2) 1-Bed/1-Bath ADUs, allowing an investor to start construction immediately. After construction, the property is projects a 8.18% Cap Rate (After factoring in Construction costs). Currently operating at a 6.47% cap rate and 9.64 GRM, the property provides stable in-place income with upside potential for an investor looking to grow rents over time. East Los Angeles is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. A vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, East LA...

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Home facts

  • Year built:1930
  • Listing ID #:SB26051757
  • Added:53 day(s) ago
  • Updated:May 03, 2026 at 06:57 AM

Structure and exterior

  • Year built:1930

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,114,850

Parking

  • Total parking spaces:8
  • Garage:Yes
  • Garage spaces:4
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