$2,650,000
1215 Neola Street, Los Angeles CA 90041
Multi-Family (4 Units)
Property type
25 days
On market
$732
Price per sqft
N/A
Garage
1912
Year built
7,053 sqft
Lot size
Home highlights
Open Houses
Overview
Pleased to present 1215 Neola Street, a well-maintained multifamily investment opportunity located in the highly desirable Eagle Rock neighborhood of Los Angeles. Situated on a 7,000 SF R1-1 zoned lot, the property consists of approximately 3,618 SF of improvements and is currently configured as four income-producing units featuring an attractive unit mix of two spacious...
Listing provided by: Karl Markarian DRE #01932970 818-433-0548, Exp Commercial of California, Inc.
Listing updated: May 19, 2026 at 07:24am.
Last checked: Jun 3, 2026 at 09:31pm
Source: CRMLS #26832367
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 3 | 2 | — | $4,555 | $9,110 | $9,370 | Unfurnished |
| 2 | 1 | 1 | — | $2,081 | $4,162 | $5,700 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
16.6x
List Price / Annual Gross Rent
Cap Rate
4.05%
NOI / List Price
Net Operating Income: $107,267
Interior
Heating: Wall Furnace
Exterior
Property Attached: Yes
Stories Total: 2
Levels: One, Multi Split
Roof: Composition, Tile
Window Features: Double Pane Windows
Property Condition: Updated Remodeled
Common Walls: One Common Wall
View: None
Garage and Parking
Parking: Driveway
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 5690020021
Zoning: LAR1
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1215 Neola Street, Los Angeles, CA 90041. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,120,000
Total Interest
$2,703,943
Total Payment
$4,823,943
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,310
per month
Property History for 1215 Neola Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90041.
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