1649 S La Brea, Los Angeles, CA 90019

Local realty services provided by:ERA Excel Realty
1649 S La Brea,Los Angeles, CA 90019
$2,200,000
  • - Beds
  • - Baths
  • 6,816 sq. ft.
  • Multi-family
  • Active
Listed by: everett wong
Office: greysteel california, inc.
MLS#:PW26037363
Source:CRMLS

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$322.77

About this home

Value-add multifamily opportunity featuring a classic 1960s asset offered to the market for the first time, providing a rare chance to reposition and enhance long-term value. Offered to market at a 9.8x GRM, this property features approximately 20% upside to market - and will be delivered with Two (2) Vacant Units - 2BR and Bachelor Unit - ready for immediate in-unit refreshes. 1649 S. La Brea is ideally located in the heart of Mid-City Los Angeles, one of the city’s most dynamic rental submarkets, the property benefits from strong tenant demand, central connectivity, and ongoing neighborhood revitalization. A highly diverse unit mix of Bachelor, 1-, 2-, and 3-bedroom units appeals to a broad tenant base, supporting stable occupancy and leasing flexibility. Additionally, the property has completed the LA Seismic Retrofit Ordinance, with a Certificate of Compliance dated January 25, 2024. Contact Listing Agent for Offering Memorandum containing additional information.

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Home facts

  • Year built:1963
  • Listing ID #:PW26037363
  • Added:1 day(s) ago
  • Updated:February 21, 2026 at 02:34 PM

Rooms and interior

  • Living area:6,816 sq. ft.

Structure and exterior

  • Year built:1963
  • Building area:6,816 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,200,000
  • Price per sq. ft.:$322.77
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 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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