1633 N Laurel Avenue, Los Angeles, CA 90046
Local realty services provided by:CENTURY 21 Synergia Realty
1633 N Laurel Avenue,Los Angeles, CA 90046
$9,650,000
- 42 Beds
- 32 Baths
- 29,283 sq. ft.
- Multi-family
- Active
Listed by: neema ahadian
Office: marcus & millichap310-909-5500
MLS#:26833213
Source:CRMLS
Price summary
- Price:$9,650,000
- Price per sq. ft.:$329.54
About this home
We are pleased to present 1633 N Laurel Avenue, a 30-unit multifamily investment opportunity located in one of Los Angeles' most supply-constrained and consistently high-demand rental markets. Positioned just south of Hollywood Boulevard between Laurel Canyon and Crescent Heights, the property benefits from immediate access to premier lifestyle amenities, major employment centers, and some of the city's most desirable residential neighborhoods. The asset features a well-balanced unit mix of twenty one-bedroom units, eight two-bedroom units, and two three-bedroom units, totaling approximately 29,283 square feet on a 32,692 SF lot, with one parking space per unit and a landscaped courtyard-style layout that enhances tenant appeal and livability. The property has undergone extensive capital improvements, including a new roof, upgraded electrical and plumbing systems, individual unit furnaces, improved common areas, and enhanced security infrastructure, providing operational stability and minimizing near-term capital expenditure requirements. Offered at $9,650,000, the investment generates a current 5.02% cap rate with a path to 6.09% at market rents, representing approximately 16% upside through the mark-to-market of remaining below-market units. The offering equates to approximately $321,667 per legal unit and $329 per square foot, with a current GIM of 12.08 and a market GIM of 10.40. Supported by limited new supply, strong renter demand, and favorable demographics, 1633 N Laurel Avenue represents a stabilized, well-maintained 30-unit asset with meaningful upside in one of Southern California's most desirable rental corridors....
Contact an agent
Home facts
- Year built:1953
- Listing ID #:26833213
- Added:166 day(s) ago
- Updated:October 26, 2026 at 11:13 AM
Rooms and interior
- Bedrooms:42
- Total bathrooms:32
- Living area:29,283 sq. ft.
Structure and exterior
- Year built:1953
- Building area:29,283 sq. ft.
- Lot area:0.75 Acres
- Levels:2 Story
Finances and disclosures
- Price:$9,650,000
- Price per sq. ft.:$329.54
Parking
- Total parking spaces:30
- Parking description:Carport
New listings near 1633 N Laurel Avenue
- Coming Soon
$220,000Coming Soon-- beds 1 baths444 sq. ft.20234 Cantara Street #136, Winnetka, CA 91306
MLS# SR26230633Listed by: RE/MAX LUXE - Coming Soon
$2,999,000Coming Soon7 beds 5 baths4,576 sq. ft.2641 N Vermont Avenue, Los Angeles, CA 90027
MLS# P1-29373Listed by: COMPASS - Coming Soon
$975,000Coming Soon2 beds 1 baths856 sq. ft.331 Brooks Ave #4, Venice, CA 90291
MLS# 26104392Listed by: PARDEE PROPERTIES - Coming Soon
$675,000Coming Soon2 beds 1 baths870 sq. ft.Address Withheld By Seller, Gardena, CA 90247
MLS# 260025661SDListed by: ESQUIRE REALTY - Coming Soon
$546,000Coming Soon1 beds 1 baths805 sq. ft.717 W Olympic Boulevard #2501, Los Angeles, CA 90015
MLS# 26104433Listed by: REDEAVOR GROUP - Coming Soon
$524,000Coming Soon2 beds 1 baths964 sq. ft.4200 Zamora, Los Angeles, CA 90011
MLS# CV26230192Listed by: RE/MAX OLYMPIC - Coming Soon
$999,000Coming Soon4 beds 2 baths1,927 sq. ft.6414 Corbin Avenue, Reseda, CA 91335
MLS# BB26229558Listed by: EQUITY UNION - Coming Soon
$677,000Coming Soon3 beds 2 baths1,092 sq. ft.1857 Lansdowne Avenue, Los Angeles, CA 90032
MLS# PW26229449Listed by: DEE ANN TUMBUAN - Coming Soon
$775,000Coming Soon-- beds -- baths1 sq. ft.1217 -1219 W 99th, Los Angeles, CA 90044
MLS# SW26229893Listed by: GOLDEN FEATHER INVESTMENTS INC - Coming Soon
$165,000Coming Soon3 beds 2 baths1,344 sq. ft.8811 Canoga Ave #221, Canoga Park, CA 91304
MLS# SR26228727Listed by: KELLER WILLIAMS VIP PROPERTIES