$1,200,000
-$25,0001291 Queen Anne, Los Angeles CA 90019
Multi-Family (5 Units)
Property type
120 days
On market
$314
Price per sqft
4 cars
Garage
1922
Year built
7,012 sqft
Lot size
Open Houses
Overview
Presenting 1291 Queen Anne Place, a 5-unit multifamily investment property located in the highly desirable Mid-Wilshire submarket of Los Angeles. Built in 1922/1928, the subject property offers a diverse unit mix comprised of (2) two-bedroom/one-bathroom units and (3) one-bedroom/one-bathroom units while sitting on a optimal sized 7,010 square foot lot. 1291 Queen Anne...
Listing provided by: Paul Banke DRE #02113308, Kirklen Investment Group
Listing updated: May 4, 2026 at 04:45pm.
Last checked: Jun 5, 2026 at 03:30pm
Source: CRMLS #OC26027318
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $999 | $999 | $1,695 | Unfurnished |
| 2 | 1 | 1 | — | $1,335 | $2,669 | $2,300 | Unfurnished |
| 2 | 2 | 1 | — | $1,495 | $2,990 | $2,650 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: No
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
14.4x
List Price / Annual Gross Rent
Cap Rate
3.67%
NOI / List Price
Gross Scheduled Income: $83,148
Vacancy Allowance Rate: 3%
Operating Expense: $36,569
Net Operating Income: $44,085
Annual Operating Expenses
Electric: $0
Gardener: $480
Fuel: $0
Insurance: $4,648
Licenses: $530
Maintenance: $5,615
New Taxes: $16,314
Pest Control: $180
Professional Management: $3,608
Trash: $2,078
Water / Sewer: $3,116
Interior
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned
Garage Spaces: 4
Uncovered Spaces: 3
Parking Total: 7
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5082011010
Additional Parcels: No
Tax Lot: 13
Community
Senior Community: No
Community Features: Curbs, Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1291 Queen Anne, Los Angeles, CA 90019. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$960,000
Total Interest
$1,224,427
Total Payment
$2,184,427
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,468
per month
Property History for 1291 Queen Anne
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90019.
Similar Homes
Listings with similar prices to 1291 Queen Anne