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1864 W Cordova Street, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:CENTURY 21 Masters
1864 W Cordova Street,Los Angeles, CA 90007
$7,500,000
  • 1 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: logan altman
Office: altman apartments llc.
MLS#:SR26043357
Source:San Diego MLS via CRMLS

Price summary

  • Price:$7,500,000

About this home

Casas on Cordova Street in Los Angeles is a prime mid-city investment opportunity featuring 47 updated units with a 2025 Certificate of Occupancy. Renovations in 2023 included over $2.3 million in upgrades, resulting in essentially a brand-new building. The property offers a turn-key experience with all-new plumbing, electrical systems, roof, drywall, paint, flooring, and cabinetry. With a current occupancy of 95%, the asset boasts a solid financial performance, including a current NOI of $560,670 and a CAP rate of 7.48%. The investment pro forma predicts even stronger returns, with a CAP rate of 7.86% and a cash on cash return of 9.42%. Located in a bustling neighborhood with estimated 2026 median household incomes exceeding $53,000 within a 1-mile radius, this property presents an excellent opportunity for investors seeking a stable and profitable asset in a desirable location. Complete 2025 "Gut" Renovation with New Certificate of Occupancy: This asset offers a virtually new...

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Home facts

  • Listing ID #:SR26043357
  • Added:112 day(s) ago
  • Updated:June 20, 2026 at 01:58 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:2

Heating and cooling

  • Cooling:Attic Fan, Wall/Window

Structure and exterior

  • Construction Materials:Stucco
  • Levels:2 Story

Finances and disclosures

  • Price:$7,500,000
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Randy Thompson

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