1627 N Poinsettia Place, Los Angeles, CA 90046
Local realty services provided by:ERA North Orange County Real Estate



1627 N Poinsettia Place,Los Angeles, CA 90046
$5,095,000
- 18 Beds
- 24 Baths
- 14,817 sq. ft.
- Multi-family
- Active
Listed by:errol spiro
Office:miller & desatnik realty co.
MLS#:25551207
Source:CRMLS
Price summary
- Price:$5,095,000
- Price per sq. ft.:$343.86
About this home
1627 N Poinsettia Place is a 20-unit situated in a prime Hollywood locationone of the most desirable rental submarkets in Los Angeles. Originally built in 1965, the three-story building spans approximately 14,817 square feet. The asset features an ideal unit mix consisting of: (2) Studio units, (14) One-Bedroom / One-Bath units, (4) Two-Bedroom / Two-Bath units. The majority of units are currently rented at below-market rates, presenting a classic value-add opportunity for investors seeking long-term upside through renovation and repositioning. Notable recent capital improvements include a new elevator system and upgraded master water heater, enhancing both reliability and tenant experience. One of the two bedroom units serves as a spacious, well-renovated owner's unit, while the on-site manager's studio unit will be delivered vacant at close of escrow, offering flexibility for new management or rental use. Additional property highlights include gated subterranean parking, a rare and desirable amenity in this dense urban area. This offering presents a unique opportunity for an astute multifamily investor to acquire a well-located, income-generating asset with significant upside potential in the heart of Hollywood.
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Home facts
- Year built:1965
- Listing Id #:25551207
- Added:67 day(s) ago
- Updated:August 18, 2025 at 02:21 PM
Rooms and interior
- Bedrooms:18
- Total bathrooms:24
- Living area:14,817 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1965
- Building area:14,817 sq. ft.
- Lot area:0.19 Acres
Finances and disclosures
- Price:$5,095,000
- Price per sq. ft.:$343.86
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