858-525-5007

1649 La Brea, Los Angeles CA 90019 | $2,000,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 7003 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 2
  • Year Built: 1963
  • MLS#: PW26037363
  • Community: C16 - Mid Los Angeles

Listing provided courtesy of Everett Wong of Greysteel California, Inc.. Last updated 2026-04-21 08:11:31.000000. Listing information © 2025 SANDICOR.

Value-add multifamily opportunity featuring a classic 1960s asset offered to the market for the first time, providing a rare chance to reposition and enhance long-term value. Offered to market at a 8.9x GRM, this property features approximately 20% upside to market - and will be delivered with Two (2) Vacant Units - 2BR and Bachelor Unit - ready for immediate in-unit refreshes. 1649 S. La Brea is ideally located in the heart of Mid-City Los Angeles, one of the city’s most dynamic rental submarkets, the property benefits from strong tenant demand, central connectivity, and ongoing neighborhood revitalization. A highly diverse unit mix of Bachelor, 1- and 2-bedroom units appeals to a broad tenant base, supporting stable occupancy and leasing flexibility. Additionally, the property has completed the LA Seismic Retrofit Ordinance, with a Certificate of Compliance dated January 25, 2024. Contact Listing Agent for Offering Memorandum containing additional information.

More Details

0.16 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985