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803 N Detroit Street, Los Angeles, CA 90046

Los Angeles
Local realty services provided by:CENTURY 21 Affiliated
803 N Detroit Street,Los Angeles, CA 90046
$2,200,000
  • 8 Beds
  • 10 Baths
  • 7,583 sq. ft.
  • Multi-family
  • Active
Listed by: jake glaser
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26986595
Source:CRMLS

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$290.12

About this home

803 N Detroit Street is a beautiful 10-unit character multifamily property located just east of West Hollywood near the Fairfax District. Built in 1929, the property features a desirable unit mix of (8) 1BR/1BA units and (2) studio units and is currently 100% occupied, providing investors with stable in-place income from day one. The property is offered at an attractive basis of approximately $220,000 per unit, $290 per square foot, a 6.05% cap rate, and a 10.33 GRM. Current rents remain approximately 42% below market, presenting a compelling value-add opportunity for an investor to significantly grow income over time while owning a well-located vintage asset in one of Los Angeles' strongest rental markets. Ownership has completed several meaningful capital improvements in recent years, including the full replacement of the building's rear exterior stairs in 2024 and upgrades to the electrical main panel, breakers and subpanels to a 400-amp Siemens system in 2021, per LADBS records....

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Home facts

  • Year built:1929
  • Listing ID #:26986595
  • Added:45 day(s) ago
  • Updated:October 26, 2026 at 11:13 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:10
  • Living area:7,583 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1929
  • Building area:7,583 sq. ft.
  • Lot area:0.17 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,200,000
  • Price per sq. ft.:$290.12

Parking

  • Total parking spaces:2
  • Garage:Yes
  • Garage spaces:2
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Affiliated is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Affiliated, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Nikki Coppa

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