$1,250,000
2849 Council Street, Los Angeles CA 90026
Multi-Family (2 Units)
Property type
58 days
On market
$493
Price per sqft
N/A
Garage
1996
Year built
4,803 sqft
Lot size
Open Houses
Overview
We are pleased to offer for sale, The Reno / Council Portfolio, a collection of five apartment homes over two properties located in the heart of Historic Filipinotown in Los Angeles, CA. 2849-2851 Council St. is a single structure comprised of 2 spacious 3bed/2bath units, approximately 1,200 square feet each. Upon the gated entry, residents drive down an approximately 100 foot...
Listing provided by: Matthew Maun DRE #02156377, Sotheby's International Realty
Listing updated: Apr 16, 2026 at 07:20am.
Last checked: Jun 4, 2026 at 09:31pm
Source: CRMLS #26686469
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $2,489 | $2,489 | $3,000 | Furnished |
| 1 | 3 | 2 | — | $933 | $933 | $2,900 | Furnished |
# of Buildings: 1
# of Units Total: 2
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
30.4x
List Price / Annual Gross Rent
Cap Rate
3.03%
NOI / List Price
Net Operating Income: $19,710
Interior
Heating: Natural Gas
Exterior
Architectural Style: Traditional
Property Attached: Yes
Stories Total: 2
Levels: Two
Property Condition: Fixer
Common Walls: One Common Wall
Security Features: Gated Community
Sewer: Other
Garage and Parking
Parking: Detached Carport
Garage: Detached
Carport Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 5156017015
Additional Parcels: No
Zoning: LAR3
Community
HOA: No
Senior Community: No
Community Features: Gated
High School District: Los Angeles Unified
Nearby Schools
Nearby schools around the 2849 Council Street, Los Angeles, CA 90026. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,000,000
Total Interest
$1,275,445
Total Payment
$2,275,445
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,773
per month
Property History for 2849 Council Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90026.
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