
Active Listing
6 Units in Pico-Robertson @ 13.16 GRM & 4.94% CAP
1952 s holt
for sale in
Pico-Robertson
Listed Price
$
2,500,000
6
Number of Units
1963
Year Built
6,442
SF
Square Footage
6,306
SF
Lot Size
LAR3
Zoning
1952 S Holt Ave, Los Angeles, CA 90034
About the Property
Situated on a residential street south of Pico Blvd, 1952 S. Holt Ave presents a compelling investment opportunity in the heart of Pico-Robertson, one of Los Angeles’ most consistently high-demand rental markets. The property is situated approx. 1.2 miles from the intersection of Pico and Robertson, featuring an array of kosher restaurants, cafes, and local shops, placing tenants within easy reach of some of the neighborhood’s most desirable lifestyle conveniences. The location is also adjacent to Beverlywood, two miles from Culver City’s downtown corridor, and just minutes from the forthcoming Purple Line station at Wilshire and La Cienega, providing easy access to the Westside and DTLA. The building features an extremely favorable unit composition, consisting of (5) large three-bdrm, two-bath units and (1) studio. The oversized three-bedroom layouts cater perfectly to a variety of tenant profiles, including young families and professionals sharing rent. Recent renovations have refreshed select units with wood-laminate floors, quartz countertops, stainless steel appliances, ceiling fans, and upgraded cabinetry. Several units enjoy the added bonus of balconies or private outdoor patios. Priced at a 13.16 GRM on current rents, the property presents approx. 20% rental upside. Amenities include a secure gated entrance, soft-story retrofit compliance (buyer to verify), and approx. 10 covered parking spaces. Whether targeting long-term tenants or optimizing the interiors for further upside, this is a rare opportunity to own a property that checks all the right boxes... location, size, layout, and demand.
6
Number of Units
1963
Year Built
6,442
SF
Square Footage
6,306
SF
Lot Size
LAR3
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$416,667
Price p/ Sq. ft.
$388
Proforma Cap Rate
6.26




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