2038 S Holt Avenue, Los Angeles, CA 90034 - Berkshire Hathaway HomeServices California Properties
2038 S Holt Avenue Los Angeles, CA 90034
$3,150,000 23 beds, 20 baths
12, 456 sqft

Agent Remarks

This well maintained property represents the best value in La Cienega Heights. At $196 per unit and 11.5 times Gross, it is clearly the "Best in Class". There is (1) 3BR/2BA, (4) 2BR/2BA, (4) 2BR/1BA, (6)1BR/1BA and (1) Studio. The LA County Assessors list the property as 15 units, but it is operating as 16. The units are huge with a courtyard style layout and a pool. It has been in the family for 51 years, and managed professionally for decades. The property just benefitted from installation of brand new electrical service last year (by permit), and it has been retrofitted for EQ. There are 15 tuck-under parking spaces and a gated entry for security and convenience. It is 3 blocks from Kaiser West LA, and walking distance from Culver City Arts District, HBO, Amazon, Apple, and the Culver Steps. The rental upside is approximately 75%, resulting in a Pro-forma cap rate of 10.08%!! The property is being sold in conjunction with 2314 Corning, and be purchased together or separately. Don't miss this rare bargain!

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 25533713
List price is $3,150,000
Beds: 23
Baths: 20
Built in 1961
12,456 sqft
2 stories
0.29 acres
Lot size: 0.2897
County: Los Angeles
Zoning: LARD1.5
Appliances: Refrigerator
Parking description: Assigned,Covered
Heating description: Natural Gas,Wall Furnace
MLS area: C09 - Beverlywood Vicinity

Last Updated: 5/19/2025

 Find more Los Angeles homes and real estate

 Find more homes in 90034 zip code

This listing belongs to the C09 - Beverlywood Vicinity MLS area

Lat/Long: 34.040069, -118.381311.
Find nearby listings


Listing Agent: Keith Moret
Co Listing Agent: Nicholas Ensbury
Lic#: 01234982
Office Name: Mission Viejo

Area Map

Nearby Schools

No schools were found in the area