1820 Grace Avenue, Los Angeles, CA 90028

Local realty services provided by:ERA Excel Realty
1820 Grace Avenue,Los Angeles, CA 90028
$2,000,000
  • - Beds
  • - Baths
  • 6,916 sq. ft.
  • Multi-family
  • Active
Listed by:michael sterman
Office:marcus & millichap
MLS#:25506173
Source:CRMLS

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$289.18

About this home

We are pleased to present 1820 Grace Ave, a 10 unit apartment building located in the heart of Hollywood, a prime neighborhood of Los Angeles, CA. Built in 1953, the property consists of (8) one-bedroom + one-bathroom units and (2) two-bedroom + one bathroom unit. The building is 6,916 gross square feet and sits on a 7,702 square foot lot.1820 Grace Ave is located on a charming, tree-lined street in Hollywood. There is no shortage of activities to explore in the area. From popular hiking trails of Runyon Canyon and Griffith Park to seeing the Hollywood Walk of Fame. Hollywood's central location provides convenient access to major freeways, public transportation, and is only a 5-minute walk to the Hollywood Blvd Metro station further extending the area's connectivity to the rest of Los Angeles.1820 Grace Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 5.62% with the ability to

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Home facts

  • Year built:1953
  • Listing ID #:25506173
  • Added:189 day(s) ago
  • Updated:August 21, 2025 at 01:30 PM

Rooms and interior

  • Living area:6,916 sq. ft.

Structure and exterior

  • Year built:1953
  • Building area:6,916 sq. ft.
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$289.18
Based on information from California Regional Multiple Listing Service, Inc. as of September 10, 2025 . 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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