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1150 Masselin Ave, Los Angeles, CA 90019

List Price: $2,895,000On Market FlagOn market
Apr 10, 20258,768 sqft14 beds10 baths
Listed by: Jordan Asheghian
License #: 01886605
Phone #: 310-425-9838
Lyon Stahl Investment Real Estate, Inc.
Source:
CRMLS Logo
MLS #: 25523913

Property Description

1150 Masselin Ave is a 10 unit building near Miracle Mile in Los Angeles. Offers Assumable Financing at 3.15% Interest Only until 2031! The spacious 1 & 2 bedroom units average to about 877 SF each. 4 out of the 10 units have been renovated, while also offering over 54% rental upside! Brand New Roof Put in 2024. Potential ADU opportunity via SB 1211 (Buyer to Verify). The building is separately metered for gas and electric and has a new 100G water heater. 1150 Masselin has 7 total parking spaces and features a Large 9,295 SF Corner Lot Zoned LAR3.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$40,998

TurboHome Estimated Value

$2,814,100

$321 sqft

High Valuation
$2,954,805
$337/sqft
Normal Valuation
$2,814,100
$321/sqft
Low Valuation
$2,673,395
$305/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$321/sqft$2,814,100

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