CA > Los Angeles
Los Angeles, CA 90034,2038 S Holt Ave
Los Angeles, CA 90034,2038 S Holt Ave
Los Angeles, CA 90034,2038 S Holt Ave
10
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$3,150,000
Est. payment /mo
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23 Beds
20 Baths
12,456 SqFt
Active

2038 S Holt Ave Los Angeles, CA 90034

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Sev Grigor

Sev Grigor

+1(702) 377-9090

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,456 sqft

Price per Sqft $252

MLS Listing ID 25533713

Bedrooms 23

Year Built 1961

Lot Size 0.290 Acres

Acres 0.2897

Property Sub-Type Multi-Family

Property 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!

Location

State CA

County Los Angeles

Area Beverlywood Vicinity

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Natural Gas, Wall

Cooling Other

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Assigned, Covered Parking

Garage Spaces 15.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Lyon Stahl Investment Real Estate, Inc.

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Sev Grigor

Team leader | RE.S.0171941

+1(702) 377-9090

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2038 S Holt Ave