$1,050,000
-$100,0001017 S Herbert Avenue, Los Angeles CA 90023
Multi-Family (5 Units)
Property type
675 days
On market
$358
Price per sqft
0 cars
Garage
1958
Year built
6,310 sqft
Lot size
Open Houses
Overview
PRIME LOS ANGELES INCOME PROPERTY UNITS PRICED BELOW MARKET VALUE!!! PROPERTY HAS 4-PLEX + SEPARATE 2 BED HOUSE ON 1 LOT WITH 2 ADDRESSES 1017 and 1019!!! addresses . 4 one -bedroom unit and 1 two-bedroom unit. 1/2 Block from Los Angeles Doctor Hospital. Do not disturb tenants!!! Great opportunity. Currently rent is low for this area
Listing provided by: Arturo Aleman DRE #01770189, Save and Sell Real Estate, Alan Bird DRE #01185753, Save and Sell Real Estate
Listing updated: Apr 4, 2026 at 12:57am.
Last checked: Jun 5, 2026 at 06:31pm
Source: CRMLS #HD24156543
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,300 | $1,300 | $1,300 | Unfurnished |
| 4 | 1 | 1 | — | $900 | $3,700 | $3,700 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: No
Units Leased: 4
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
262.5x
List Price / Annual Gross Rent
Cap Rate
4.57%
NOI / List Price
Gross Scheduled Income: $4,000
Operating Expense: $4,800
Net Operating Income: $48,000
Annual Operating Expenses
Electric: $380
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $650
Water / Sewer: $200
Interior
Heating: Wall Furnace
Fireplace: None
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: Main Entry
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Foundation: Slab
Common Walls: No Common Walls
Security Features: Smoke Detectors
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Natural Gas Connected
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Carport
Garage Spaces: 0
Carport Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5239013016
Additional Parcels: No
Tax Lot: 110
Zoning: LCR4YY
Community
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1017 S Herbert Avenue, Los Angeles, CA 90023. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$840,000
Total Interest
$1,071,374
Total Payment
$1,911,374
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,553
per month
Property History for 1017 S Herbert Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90023.
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