$1,750,000
1231 Devon Avenue, Los Angeles CA 90024
Multi-Family (Triplex)
Property type
2 days
On market
$548
Price per sqft
3 cars
Garage
1947
Year built
5,160 sqft
Lot size
Home highlights
Open Houses
Overview
You will not find a better-priced three-unit property in West LA, and the location is impeccable, situated next to the Los Angeles Country Club on a corner lot. DO NOT MISS THIS DEAL. It will sell fast. The owner priced it to sell quickly. An identical building recently sold for approximately $300,000 more and generated less income. Positioned in the heart of...
Listing provided by: Cameron Samimi DRE #02035763, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Jun 4, 2026 at 07:38am.
Last checked: Jun 4, 2026 at 08:00am
Source: CRMLS #SB26121365
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $2,370 | $2,370 | $2,750 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,355 | $2,355 | $3,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,340 | $2,340 | $3,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 3
Ranges: 3
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
20.6x
List Price / Annual Gross Rent
Cap Rate
3.11%
NOI / List Price
Gross Scheduled Income: $84,780
Vacancy Allowance Rate: 0%
Operating Expense: $30,369
Net Operating Income: $54,411
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $3,994
New Taxes: $21,875
Trash: $3,000
Water / Sewer: $0
Interior
Room Type: Other
Appliances: Gas Cooktop, Gas Oven, Gas Range
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Garage, Garage Faces Rear
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 4327012001
Additional Parcels: No
Tax Lot: 4
Zoning: LARD1.5
Tax Block: 16
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Golf, Hiking, Park, Suburban
Nearby Schools
Nearby schools around the 1231 Devon Avenue, Los Angeles, CA 90024. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,400,000
Total Interest
$1,785,623
Total Payment
$3,185,623
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,822
per month
Property History for 1231 Devon Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90024.
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