1422 W 10th Pl, Los Angeles, CA 90015 - View 1
1422 W 10th Pl, Los Angeles, CA 90015 - View 2
1422 W 10th Pl, Los Angeles, CA 90015 - View 3
1422 W 10th Pl, Los Angeles, CA 90015 - View 4

1422 W 10th Pl, Los Angeles, CA 90015

List Price: $800,000On Market FlagOn market
Feb 10, 20253,328 sqft5 beds6 baths
Listed by: Sean Rosenzweig
License #: 01406343
Phone #: 213-943-1897
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 25501551

Property Description

THE SUBJECT PROPERTY IS BEING SOLD ALONG WITH THE ADJACENT PROPERTY, 1416 WEST 10TH PLACE. WHILE THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR TOGETHER, A COMBINED SALE IS STRONGLY PREFERRED. We are pleased to offer for sale a six-unit apartment building, consisting of a duplex and fourplex on contiguous lots located at 1422-1426 West 10th Place. The subject property is located west of the 110 Freeway and south of Olympic Boulevard. Situated on a 3,328 square foot parcel, the property is comprised of studios, one-bedroom, and two-bedroom units. The property has a significant value-add opportunity with 86% remaining rental upside through unit renovations. 1422-1426 West 10th Place presents investors a unique opportunity to acquire an asset with an attractive basis and multiple exit strategies. New ownership will have the opportunity to capitalize on the westward expansion and revitalization of the Downtown sub-market along with the potential to sell off each parcel individually. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
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

$10,005

TurboHome Estimated Value

$733,500

$220 sqft

High Valuation
$770,175
$231/sqft
Normal Valuation
$733,500
$220/sqft
Low Valuation
$696,825
$209/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$220/sqft$733,500

Neighborhood: Westlake

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Comparative Value

$660K

$800K

$850K

1627 S Burlington Ave, Los Angeles, CA 90006

Sale Price: $660,000

Selected Comparable

1422 W 10th Pl, Los Angeles, CA 90015

List Price: $800,000

Subject Property

1232 S Kenmore Ave, Los Angeles, CA 90006

Sale Price: $850,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1422 W 10th Pl, Los Angeles, CA 90015

1422 W 10th Pl, Los Angeles, CA 90015

List: $800,000

Listed: 2/10/2025

Area:3,328 sqft
Price/sqft:$240
Beds:5
Baths:6
Year Built:
Lot Size:3,986

Comparable Properties

COMPARABLE
Choose comps
1627 S Burlington Ave, Los Angeles, CA 90006

1627 S Burlington Ave, Los Angeles, CA 90006

Sale: $660,000

5/16/20250.68 mi

Area:2,780 sqft
Price/sqft:$237
Beds:6
Baths:6
Year Built:
Weight:50.4%
1232 S Kenmore Ave, Los Angeles, CA 90006

1232 S Kenmore Ave, Los Angeles, CA 90006

Sale: $850,000

2/27/20251.40 mi

Area:3,828 sqft
Price/sqft:$222
Beds:5
Baths:5
Year Built:
Weight:49.6%

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