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.
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“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 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 | $/sqft | Valuation |
---|---|---|
HouseCanary | $220/sqft | $733,500 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
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
SUBJECT1422 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
COMPARABLEChoose comps
1627 S Burlington Ave, Los Angeles, CA 90006
Sale: $660,000
5/16/2025 • 0.68 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
Sale: $850,000
2/27/2025 • 1.40 mi
Area:3,828 sqft
Price/sqft:$222
Beds:5
Baths:5
Year Built:—
Weight:49.6%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1422 W 10th Pl, Los Angeles, CA 90015 | $800,000 | 3,328 | $240 | 3,986 | — | 2/10/2025 | 5 | 6 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1627 S Burlington Ave, Los Angeles, CA 90006 | $660,000 | 2,780 | $237 | 8,007 | 0.68 mi | 5/16/2025 | 6 | 6 | — | 50.4% | |
1232 S Kenmore Ave, Los Angeles, CA 90006 | $850,000 | 3,828 | $222 | 5,908 | 1.40 mi | 2/27/2025 | 5 | 5 | — | 49.6% |
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