$1,099,000

Estimated payment $5,901/month

Total Views 357
8 Beds
4 Baths
3,181 Sq Ft
$345 Price per Sq Ft

About This Home

I, as the exclusive listing agent, am pleased to offer for sale a 4-unit apartment community located at 1832 Lansdowne Avenue. The subject property is located north of the I-10 Freeway and south of Valley Boulevard.The property is located in a desirable pocket of Northeast LA. The building is in close proximity to Downtown LA, the Arts District, and the San Gabriel Valley. This provides residents with convenient access to employment centers, retail, and entertainment in the immediate area.Situated on a 5,390-square-foot parcel, the property is comprised of four two-bedroom units. In-place occupied unit rents average $1,184, approximately 111% below market. With market rents achieving $2,500/month, Lansdowne presents a compelling mark-to-market opportunity through unit turnover and interior upgrades.1832 Lansdowne Avenue offers investors a well-located asset in a desirable Northeast Los Angeles infill neighborhood. The surrounding area continues to improve, supported by ongoing gentrification and strong rental demand. These fundamentals, combined with the property's inherent value-add potential, position a new owner to benefit from both nearterm enhancements and long-term appreciation PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Listing Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 11/10/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 5,392 Sq Ft Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 3,181 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5223-028-037

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3181
  • Lot Acreage: 0.1238
  • Stories: 1
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 345.49

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Total Parking: 2

Lot Info

  • Assessed Improvement Percent: 70.77
  • Assessed Improvement Value: 67823
  • Assessed Land Percent: 29.23
  • Assessed Land Value: 28009
  • Total Assessed Value: 95832
  • Assessor Parcel Number: 5223-028-037
  • Lot Size Area: 5392

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.43
  • Number Of Units: 4
  • Type Of Units: Residential

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,642 $95,832 $28,009 $67,823
2024 $1,642 $93,954 $27,460 $66,494
2023 $1,619 $92,113 $26,922 $65,191
2022 $1,559 $90,308 $26,395 $63,913
2021 $1,523 $88,538 $25,878 $62,660
2019 $1,487 $85,913 $25,111 $60,802
2018 $1,398 $84,229 $24,619 $59,610
2016 $1,304 $80,961 $23,664 $57,297
2015 $1,290 $79,746 $23,309 $56,437
2014 $1,322 $78,185 $22,853 $55,332
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $1,099,000 -- $345 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $537,500 Old Republic Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $430,000 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 25624855

The MLS

APN: 5223-028-037