
2038 S Holt Ave Los Angeles, CA 90034
Mid-City NeighborhoodAbout This Home
As of July 2025This 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!
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01802527 Listed on: 05/01/2025

Co-Listed By
Nicholas Ensbury
Lyon Stahl Investment Real Estate, Inc. License #02012167
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 0.29 Acre Lot
- Gated Home
Interior Spaces
- 12,456 Sq Ft Home
- 2-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 23 Bedrooms
- 20 Bathrooms
Parking
- 15 Parking Spaces
- Covered Parking
- Assigned Parking
Utilities
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Central Water Heater
Community Details
- 16 Units
- Rent Control
Listing and Financial Details
- The owner pays for water, pool service, gardener
- Assessor Parcel Number 4302-027-029
Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/29/2025 07/29/25 | Sold | $2,925,000 | -7.1% | $235 / Sq Ft |
05/16/2025 05/16/25 | Pending | -- | -- | -- |
05/01/2025 05/01/25 | For Sale | $3,150,000 | -- | $253 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Keith Moret
Lyon Stahl Investment Real Estate, Inc.
(310) 617-2240
6 in this area
27 Total Sales
-
N
Seller Co-Listing Agent in 2025
Nicholas Ensbury
Lyon Stahl Investment Real Estate, Inc.
-
Buyer's Agent in 2025
Shawn Mehrannia
Home Team Realty
(213) 804-7177
12 in this area
52 Total Sales
Map
Source: The MLS
MLS Number: 25533713

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