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1613 Exposition Blvd, Los Angeles, CA 90018

List Price: $995,000On Market FlagOn market
Jul 1, 20253,024 sqft8 beds4 baths
Listed by: Kelly Morgan
License #: 01898026
Phone #: 310-836-3638
Houze Real Estate Management
Source:
CRMLS Logo
MLS #: 25559815

Property Description

This prime triplex in the heart of Exposition Park offers investors a rare opportunity to add tremendous value and boost cash flow through the development of three ADUs. With a current 6.74% cap rate and 10.70 GRM, the property already performs well, but post-ADU projections push returns to a 11.11% cap and 7.33 GRM, with an estimated $1 million in added value. Positioned directly across from the Metro E Line (Exposition Line), tenants benefit from immediate access to Downtown LA, Santa Monica, and key employment and entertainment hubs. This strategic location also just blocks from USC, making it ideal for student housing and maximizing rental income per bedroom.The property sits in a vibrant cultural and recreational hub, walking distance to: Natural History Museum, California Science Center, Los Angeles Memorial Coliseum, Banc of California Stadium, The Rose Garden, IMAX Theater and much more.With a Walk Score of 74 and a Bike Score of 82, this area is highly accessible and increasingly attractive to young professionals and students alike. ***Contact us today to request the OM or schedule a private tour.***
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,766

TurboHome Estimated Value

$989,700

$327 sqft

High Valuation
$1,039,185
$344/sqft
Normal Valuation
$989,700
$327/sqft
Low Valuation
$940,215
$311/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$327/sqft$989,700

Neighborhood: South Los Angeles

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Comparative Value

$810K

$900K

$995K

$1.02M

$1.28M

$1.29M

1852 W Jefferson Blvd, Los Angeles, CA 90018

Sale Price: $810,000

Selected Comparable

3919 Halldale Ave, Los Angeles, CA 90062

Sale Price: $900,000

Selected Comparable

1613 Exposition Blvd, Los Angeles, CA 90018

List Price: $995,000

Subject Property

1124 W 42nd St, Los Angeles, CA 90037

Sale Price: $1,025,000

Selected Comparable

3622 Arlington Ave, Los Angeles, CA 90018

Sale Price: $1,280,000

Selected Comparable

2121 Portland St, Los Angeles, CA 90007

Sale Price: $1,293,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1613 Exposition Blvd, Los Angeles, CA 90018

1613 Exposition Blvd, Los Angeles, CA 90018

List: $995,000

Listed: 7/1/2025

Area:3,024 sqft
Price/sqft:$329
Beds:8
Baths:4
Year Built:
Lot Size:5,957

Comparable Properties

COMPARABLE
Choose comps
3919 Halldale Ave, Los Angeles, CA 90062

3919 Halldale Ave, Los Angeles, CA 90062

Sale: $900,000

4/4/20250.48 mi

Area:3,250 sqft
Price/sqft:$277
Beds:8
Baths:4
Year Built:
Weight:21.5%
2121 Portland St, Los Angeles, CA 90007

2121 Portland St, Los Angeles, CA 90007

Sale: $1,293,000

6/3/20251.98 mi

Area:3,018 sqft
Price/sqft:$428
Beds:8
Baths:4
Year Built:
Weight:21.4%
1124 W 42nd St, Los Angeles, CA 90037

1124 W 42nd St, Los Angeles, CA 90037

Sale: $1,025,000

4/4/20251.17 mi

Area:3,406 sqft
Price/sqft:$301
Beds:8
Baths:4
Year Built:
Weight:19.7%
1852 W Jefferson Blvd, Los Angeles, CA 90018

1852 W Jefferson Blvd, Los Angeles, CA 90018

Sale: $810,000

12/24/20240.46 mi

Area:2,550 sqft
Price/sqft:$318
Beds:8
Baths:4
Year Built:
Weight:19.5%
3622 Arlington Ave, Los Angeles, CA 90018

3622 Arlington Ave, Los Angeles, CA 90018

Sale: $1,280,000

4/30/20250.51 mi

Area:3,986 sqft
Price/sqft:$321
Beds:8
Baths:4
Year Built:
Weight:18.0%

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