Los Angeles, CA 90035,1043 S Holt AVE
Los Angeles, CA 90035,1043 S Holt AVE
Los Angeles, CA 90035,1043 S Holt AVE
Los Angeles, CA 90035,1043 S Holt AVE
Los Angeles, CA 90035,1043 S Holt AVE
Los Angeles, CA 90035,1043 S Holt AVE
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Demi Fox

Demi Fox

+1(805) 490-1401
$ 2,300,000
Est. payment | /mo

9 Beds

8 Baths

5,524 SqFt

Save
$ 2,300,000
Est. payment | /mo
Save

9 Beds

8 Baths

5,524 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,524 sqft

Price per Sqft $416

MLS Listing ID 25607081

Bedrooms 9

HOA Y/N No

Year Built 1957

Lot Size 6,377 Sqft

Property Description

1043 S. Holt Avenue presents a rare opportunity to acquire a well-maintained six-unit multi-family asset in the heart of Pico Robertson, one of Los Angeles's most desirable and centrally located rental neighborhoods. Priced at $2,300,000, the property offers both immediate occupancy flexibility andstrong investment fundamentals. Four units will be delivered vacant at close of escrow, including a spacious 3-bedroom, 2-bath owner's unit, ideal for an owner-user or investor seeking to maximize rentalincome and long-term appreciation. Once vacant units stabilizes, the asset is projected to operate at anapproximate 6.0 % CAP rate and 11.14 GRM, highlighting both its solid current performance and futureincome growth potential with proforma CAP rate 7.14% and 9.83 GRM! Originally constructed in 1956 and offered for the first time by the original builder's family, thislegacy property combines mid-century character with a proven income profile. The 5,524-square-footbuilding sits on a 6,381-square-foot lot and features a desirable unit mix of four 1-bedroom + 1-bathunits, one 2-bedroom + 2-bath unit, and one 3-bedroom + 2-bath unit, an ideal configuration forbroad tenant appeal and strong rentability. Seismic retrofit plans have already been approved by the City and will be included in the sale, providing a clear path to compliance for the next owner. Located in the Pico Robertson district, 1043 S. Holt Avenue offers residents exceptional access tomajor employment and lifestyle centers including Beverly Hills, Century City, Culver City, and WestHollywood. The neighborhood is known for its walkable community atmosphere, diverse dining scene,and convenient proximity to transit and major thoroughfares, making it one of the most consistentlysought-after rental markets in Los Angeles.1043 S. Holt Avenue represents a rare opportunity to acquire a well-located, generational West Los Angeles asset with multiple avenues for future growth. The property is being presented in as-is condition, with two tenants currently in place and 4 vacant units! Can be sold together with 8536 Saturn St. 6-Unit APN # 4303-033-007

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Oven, Range, Refrigerator

Laundry Common Area

Exterior

Parking Features Attached Carport, Carport

Pool None

View Y/N Yes

View City Lights

Total Parking Spaces 6

Private Pool No

Building

Faces East

Story 2

Entry Level Two

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4332024029

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

CRMLS – RECore
Listed by Eric Sackler Coldwell Banker Realty

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    West Hollywood Elementary

    Public | KG - 5

  • 9

    Overland Elementary School

    Public | KG - 5

  • 9

    El Rodeo School

    Public | KG - 8

  • 9

    Beverly Vista School

    Public | KG - 8

  • 9

    Canfield Avenue Elementary School

    Public | KG - 5

  • 9

    Horace Mann School

    Public | KG - 8

  • 8

    Hawthorne School

    Public | KG - 8

  • 8

    Castle Heights Elementary School

    Public | KG - 5

  • 8

    Hancock Park Elementary

    Public | KG - 5

  • 8

    Melrose Avenue Elementary School

    Public | KG - 6

  • 8

    3rd Street Elementary School

    Public | KG - 5

  • 8

    Larchmont Charter

    Public | KG - 12

  • 7

    Linwood E. Howe Elementary School

    Public | KG - 5

  • 7

    Baldwin Hills Elementary School

    Public | KG - 5

  • 7

    Gardner Street Elementary

    Public | PK - 5

  • 6

    La Ballona Elementary School

    Public | KG - 5

  • 6

    Marvin Avenue Elementary

    Public | KG - 5

  • 6

    Cienega Elementary School

    Public | KG - 5

  • 5

    Charnock Road Elementary

    Public | KG - 5

  • 5

    Shenandoah Street Elementary School

    Public | KG - 5

Middle Schools 14
  • 8

    Los Angeles Center for Enriched Studies

    Public | 6 - 12

  • 7

    Palms Middle School

    Public | 6 - 8

  • 6

    New los Angeles Charter

    Public | 6 - 8

  • 6

    John Burroughs Middle School

    Public | 6 - 8

  • 5

    Magnolia Science Academy 6

    Public | 6 - 8

  • 4

    Magnolia Science Academy 5

    Public | 6 - 12

  • 4

    Bancroft Middle School

    Public | 6 - 8

  • 0

    Angela's Workshop

    Private | 6 - 12

  • 0

    Yeshivat Ohr Chanoch

    Private | 8 - 12

  • 0

    Star Preparatory Academy

    Private | 6 - 12

  • 0

    Pacific Hills School

    Private | 6 - 12

  • 0

    Urban Village Middle School

    Public | 6 - 8

  • 0

    West Hollywood Opportunity

    Public | 7 - 12

  • 0

    Aviva High School

    Private | 7 - 12

High Schools 20
  • 10

    Beverly Hills High School

    Public | 9 - 12

  • 7

    Fairfax High School

    Public | 9 - 12

  • 5

    Alexander Hamilton High School

    Public | 9 - 12

  • 5

    Hollywood High School

    Public | 9 - 12

  • 1

    Dorsey High School

    Public | 9 - 12

  • 0

    Notre Dame Academy Girls High School

    Private | 9 - 12

  • 0

    Moreno High (Continuation)

    Public | 9 - 12

  • 0

    Yula Boys High School

    Private | 9 - 12

  • 0

    Cheviot Hills Continuation

    Public | 9 - 12

  • 0

    Yula Girls High School

    Private | 9 - 12

  • 0

    Mesivta Birkas Yitzchok

    Private | 9 - 12

  • 0

    Shalhevet High School

    Private | 9 - 12

  • 0

    Shalhevet School

    Private | 9 - 12

  • 0

    Harkham-Gaon Acadamy

    Private | 9 - 12

  • 0

    Whitman Continuation

    Public | 9 - 12

  • 0

    Shaarei Torah California Rabbinical College

    Private | 9 - 12

  • 0

    Bais Yaakov School for Girls

    Private | 9 - 12

  • 0

    Yeshiva Gedolah of los Angeles

    Private | 9 - 12

  • 0

    View Park Continuation

    Public | 9 - 12

  • 0

    Yeshiva Ohr Elchonon Chabad - West Coast

    Private | 9 - 12

School and business data provided by Attom Data.
Demi Fox

+1(805) 490-1401

demifox4re@gmail.com

1464 Madera Rd N. Suite 253, Valley, CA, 93065

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1043 S Holt AVE