1131 Lodi Place, Los Angeles, CA 90038
- $2,250,000
- 15
- BD
- 9
- BA
- 9,075
- SqFt
- List Price
- $2,250,000
- Status
- ACTIVE
- MLS#
- 26839471
- Year Built
- 1927
- Bedrooms
- 15
- Bathrooms
- 9
- Living Sq. Ft
- 9,075
- Lot Size
- 6,768
- Acres
- 0.16
- Days on Market
- 67
- Property Type
- Multifamily
- Stories
- Multi Level
Property Description
Prime Hollywood Character Asset Below Replacement Cost! Offered at $2,250,000, 1131-33 Lodi Pl represents an incredibly compelling acquisition basis at approximately $250,000 per unit and $247.93 per square foot. Built in 1927, this vintage 9-unit property boasts classic architectural character that stands out from generic inventory, providing an excellent repositioning opportunity to blend historic charm with modern upgrades. The building features a highly desirable rental mix of three 1-bedroom/1-bath units and six large 2-bedroom/1-bath units perfectly aligned with current tenant demand. Situated in a prime, high-demand Hollywood location, the property benefits from immediate proximity to major employment hubs, legendary entertainment destinations, premier retail corridors, and vibrant neighborhood amenities. With rising construction costs and limited local development opportunities, this asset offers investors reduced supply risk and strong, long-term rental growth upside.
/u.realgeeks.media/jeremysifuentes/header.png)
Additional Information
- Heat
- None
- Attached Structure
- Detached
- Number Of Units Total
- 9
Listing courtesy of Listing Agent: Saadia 'Sam' Liberow (sam.liberow@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.