1131 Lodi Pl, Los Angeles, CA 90038
1131 Lodi Pl, Los Angeles, CA 90038
1131 Lodi Pl, Los Angeles, CA 90038
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$2,250,000
Est. payment /mo
15 Beds
9 Baths
9,075 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,075 sqft

Price per Sqft $247

MLS Listing ID 26839471

Bedrooms 15

Year Built 1927

Lot Size 6,768 Sqft

Acres 0.1554

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating None

Cooling Window Unit(s)

Equipment None

Exterior

Parking Features None

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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Phone

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Kirshner Elkin Properties

+1(424) 214-0133

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