1147 S Swall Drive, Los Angeles, CA 90035
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1147 S Swall Drive,Los Angeles, CA 90035
$1,500,000
- 3 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: elliot hassan
Office: northmarq realty services, inc.949-717-5200
MLS#:26828263
Source:CRMLS
Sorry, we are unable to map this address
Price summary
- Price:$1,500,000
About this home
114751 South Swall Drive, a three-unit value-add multifamily opportunity located in the highly desirable Pico-Robertson neighborhood. Offered for sale for the first time in over 50+ years, the property has been family owned and operated and remains largely in classic condition, presenting a true value-add opportunity. A new owner can unlock meaningful upside through upgrades to unit interiors and exteriors to modern standards. In-place rents trail current market levels by approximately $620 per unit, representing a loss-to-lease of roughly ~27%. All units have seen minor upgrades, providing immediate potential to increase income through a thoughtful renovation program tailored to today's renter preferences. Constructed in 1950, the property sits on a 7,485 SF lot and consists of a garden-style building totaling approximately 1,835 gross SF. The unit mix includes three (3) one-bedroom, one-bathroom units. Mature landscaping and underutilized common areas provide an opportunity to enhance curb appeal and improve the tenant's experience in this quiet, residential setting. At the rear of the property is surface parking for each unit, and a large garage that has been converted to storage for a neighboring grocery store on Pico Boulevard generating significant additional income. The rear parking and storage area provide flexibility for the future owner to either keep the current use or convert to ADU (buyer to verify), offering a future path to additional income or unit count expansion....
Contact an agent
Home facts
- Year built:1950
- Listing ID #:26828263
- Added:147 day(s) ago
- Updated:September 26, 2026 at 06:32 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1950
- Levels:1 Story
Finances and disclosures
- Price:$1,500,000
Parking
- Parking description:Detached Carport
New listings near 1147 S Swall Drive
- Coming SoonOpen Fri, 11am to 2pm
$779,000Coming Soon3 beds 2 baths1,254 sq. ft.17225 Horace, Granada Hills, CA 91344
MLS# SR26209578Listed by: RE/MAX ONE - Coming Soon
$1,199,900Coming Soon-- beds -- baths4,936 sq. ft.4237 8th Avenue, Los Angeles, CA 90008
MLS# DW26202192Listed by: CENTURY 21 A BETTER SERVICE - Coming Soon
$1,150,000Coming Soon-- beds -- baths4,520 sq. ft.811 W 40th, Los Angeles, CA 90037
MLS# PW26210075Listed by: HOME BASE REALTY INC - Coming Soon
$799,000Coming Soon3 beds 2 baths1,490 sq. ft.7523 Craner, Sun Valley, CA 91352
MLS# SR26209794Listed by: CENTURY 21 MASTERS - Coming Soon
$1,349,000Coming Soon4 beds 4 baths2,331 sq. ft.10916 Ruffner Avenue, Granada Hills, CA 91344
MLS# 226004581Listed by: KELLER WILLIAMS EXCLUSIVE PROPERTIES - Coming Soon
$835,000Coming Soon2 beds 2 baths1,301 sq. ft.104 S Hayworth Avenue #103, Los Angeles, CA 90048
MLS# 26992173Listed by: RODEO REALTY - Coming SoonOpen Sat, 1 to 4pm
$1,099,000Coming Soon2 beds 2 baths1,837 sq. ft.4792 Park Encino Lane #102, Encino, CA 91436
MLS# SR26207638Listed by: EQUITY UNION - Coming Soon
$1,325,000Coming Soon-- beds -- baths4,716 sq. ft.4051 W 21st, Los Angeles, CA 90018
MLS# SB26208005Listed by: WYRICK REALTY PARTNERS - Coming Soon
$899,000Coming Soon2 beds 2 baths1,302 sq. ft.5225 Onaknoll Avenue, Los Angeles, CA 90043
MLS# 26991615Listed by: REALTY ONE GROUP UNITED - Coming Soon
$2,795,000Coming Soon4 beds 5 baths3,499 sq. ft.1208 Palms Boulevard, Venice, CA 90291
MLS# 26891149Listed by: SERHANT CALIFORNIA, INC