2038 S Holt Avenue

Los Angeles, CA 90034

  • 23 Bed(s)
  • 0 Bath(s)
  • 12,456 Sqft
  • 12619
    Sqft(Lot)
$3,150,000

Description

This well maintained property represents the best value in la cienega heights. at $196 per unit and 11.5 times gross, it is clearly the "best in class". there is (1) 3br/2ba, (4) 2br/2ba, (4) 2br/1ba, (6)1br/1ba and (1) studio. the la county assessors list the property as 15 units, but it is operating as 16. the units are huge with a courtyard style layout and a pool. it has been in the family for 51 years, and managed professionally for decades. the property just benefitted from installation of brand new electrical service last year (by permit), and it has been retrofitted for eq. there are 15 tuck-under parking spaces and a gated entry for security and convenience. it is 3 blocks from kaiser west la, and walking distance from culver city arts district, hbo, amazon, apple, and the culver steps. the rental upside is approximately 75%, resulting in a pro-forma cap rate of 10.08%!! the property is being sold in conjunction with 2314 corning, and be purchased together or separately. don't miss this rare bargain!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49609128

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Property Details

  • Bedroom Information

    • Total Bedrooms : 23

    Bathroom Information

    • Total Baths: 20
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Refrigerator

    Heating Source

    • Natural Gas,Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1961
    • Building Area Total: 12,456

    Security Features

    • Gated Community

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2897
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 12619

  • Listing Price Information

    • Original List Price: 3,150,000
    • Listing Contract Date: 2025-05-01

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4302027029

  • Garage and Parking

    • Garage Description: Assigned,Covered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C09 - Beverlywood Vicinity
    • Directions: North of Cadillac, West of La Cienega
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C09 - Beverlywood Vicinity

    Building and Construction

    • Property Age: 64
    • Year Built Source: Assessor
    • Total Square Feet Living: 12456
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/15/2025 @ 02:37

  • MLS: 25533713
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 23 bedrooms which is for sale, it has 12,456 sqft, 12,619 sized lot, and 0 parking. are nearby neighborhoods.