1832 Lansdowne Ave, Los Angeles, CA 90032

$1,000,000
8
BD
4
BA
3,181
SqFt

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Sold Price
$1,000,000
List Price
$1,049,000
Closing Date
Apr 23, 2026
MLS#
25624855
Year Built
1937
Bedrooms
8
Bathrooms
4
Living Sq. Ft
3,181
Lot Size
5,392
Days on Market
107
Property Type
Multifamily
Stories
1

Property Description

We are pleased to offer for sale a 4-unit apartment community located at 1832 Lansdowne Avenue. The subject property is located north of the I-10 Freeway and south of Valley Boulevard.The property is located in a desirable pocket of Northeast LA. The building is in close proximity to Downtown LA, the Arts District, and the San Gabriel Valley. This provides residents with convenient access to employment centers, retail, and entertainment in the immediate area.Situated on a 5,390-square-foot parcel, the property is comprised of four two-bedroom units and will be delivered 50% vacant, allowing new ownership to capture immediate upside potential. In-place occupied unit rents average $1,184 approximately 111% below market and with market rents achieving $2,500/month, Lansdowne presents a compelling mark-to-market opportunity through unit turnover and interior upgrades.1832 Lansdowne Avenue offers investors a well-located asset in a desirable Northeast Los Angeles infill neighborhood. The surrounding area continues to improve, supported by ongoing gentrification and strong rental demand. These fundamentals, combined with the property's inherent value-add potential, position a new owner to benefit from both near-term enhancements and long-term appreciation.

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Courtesy of Marcus & Millichap, Sean Rosenzweig - CA DRE#01406343 Selling Office: .

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