$1,189,000
1616 Pennsylvania Avenue, Los Angeles CA 90033
Multi-Family (3 Units)
Property type
13 days
On market
$534
Price per sqft
N/A
Garage
1900
Year built
7,757 sqft
Lot size
Home highlights
Open Houses
Overview
Excellent opportunity to own a high-income triplex in a prime location near Adventist Health White Memorial Hospital, Central Korean SDA Church, and Mariachi Plaza Station. This well-situated property offers convenient access to the 101 Freeway and Downtown Los Angeles. The property features three units, including a spacious downstairs has 2 units: 3 Bed + 2 Bath, 1 Bed + 1...
Listing provided by: Elijah Shin DRE #01358906 213-550-9009, Dream Realty & Investments Inc
Listing updated: May 31, 2026 at 07:15am.
Last checked: Jun 2, 2026 at 08:01pm
Source: CRMLS #26838081
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,830 | $1,839 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,850 | $1,850 | $2,000 | Unfurnished |
| 1 | 3 | 2 | — | $2,995 | $2,995 | $3,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Disposal: 3
Financial Snapshot
Gross Rent Multiplier
178.1x
List Price / Annual Gross Rent
Cap Rate
4.72%
NOI / List Price
Net Operating Income: $56,070
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Disposal
Exterior
Stories Total: 0
Levels: Multi Split
Other Structures: Sheds
Garage and Parking
Parking: Door Multi, Garage
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5174024034
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1616 Pennsylvania Avenue, Los Angeles, CA 90033. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$951,200
Total Interest
$1,213,203
Total Payment
$2,164,403
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,401
per month
Property History for 1616 Pennsylvania Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90033.
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