Millman Team Real Estate

$2,300,000
9 Bed
8 Bath
5,524 Sqft
0.15 Acre Lot

1043 S Holt Avenue, Los Angeles, California 90035

  • Residential Income Property Type
  • 5,524 Sqft Square Footage
  • Carport Cars Garage
  • 1957 Year Built
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!

Basic Details
Residential Income
For Sale
25607081
$2,300,000
City Lights
9
8
5,524 Sqft
1957
0.15 Acre
Active
1
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: Carport, Attached Carport
: Mid-Century Modern
: Common Area
: Other
$0
Appliances
: Refrigerator, Oven, Range
Address Map
CA
Los Angeles
Los Angeles
90035
Holt
1043
Avenue
East
Just South of Olympic. East of Robertson Blvd and West of La Cienega Blvd
C19 - Beverly Center-Miracle Mile
S
LAR3
Additional Information
$0
$0
$0
$0
$0
1
5524
: Two
6
2025-10-16
2
2
Broker/Agent Information
Coldwell Banker Realty
Eric Sackler
Listing Information
Susan Lau
CLW-X73638
CLW-L2000175
Coldwell Banker Realty
CLW-X48678
CLW-L2000175
Active
2025-11-07T03:43:43Z
CRMLS
: Standard
2025-10-16T00:00:00Z
Agent info
Ray Millman
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