Multi-Family for sale in Southern California — $2,250,000. 15 beds · 9 baths · 9,075 sqft. Prime Hollywood Character Asset Below Replacement Cost! Offered at $2,250,000, 1131-33 Lodi Pl represents an incredibly compelling acquisition basis at approximately $250,000 per unit and $247.93 per square foot. Buil…
$2,250,000
1131 Lodi Place, Los Angeles, CA 90038
Prime Hollywood Character Asset Below Replacement Cost! Offered at $2,250,000, 1131-33 Lodi Pl represents an incredibly compelling acquisition basis at approximately $250,000 per unit and $247.93 per square foot. Built in 1927, this vintage 9-unit property boasts classic architectural character that stands out from generic inventory, providing an excellent repositioning opportunity to blend historic charm with modern upgrades. The building features a highly desirable rental mix of three 1-bedroom/1-bath units and six large 2-bedroom/1-bath units perfectly aligned with current tenant demand. Situated in a prime, high-demand Hollywood location, the property benefits from immediate proximity to major employment hubs, legendary entertainment destinations, premier retail corridors, and vibrant neighborhood amenities. With rising construction costs and limited local development opportunities, this asset offers investors reduced supply risk and strong, long-term rental growth upside.
Listing updated: June 4, 2026 at 12:21 AM
Listed by: Saadia 'Sam' Liberow, Marcus & Millichap
Source: CRMLS, MLS#: 26839471, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
5/27/2026 Source: CRMLS, #26839471 | Listed for sale | $2,250,000$248/sqft |
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