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230 N Reno Street, Los Angeles, CA 90026

Local realty services provided by:CENTURY 21 Lois Lauer Realty
230 N Reno Street,Los Angeles, CA 90026
$1,795,000
  • 12 Beds
  • 10 Baths
  • 6,160 sq. ft.
  • Multi-family
  • Pending
Listed by: jonathan taksa
Office: remax commercial and investment realty
MLS#:25602049
Source:CRMLS

Price summary

  • Price:$1,795,000
  • Price per sq. ft.:$291.4

About this home

We are pleased to present 230 N. Reno Street, a character-rich 10-unit multifamily property located in the heart of Los Angeles. Built in 1929, this beautiful Spanish-style building sits on a desirable corner lot and offers tremendous charm and architectural pedigree rarely available in today's market. The property features an excellent unit mix comprising eight (8) one bedroom, one-bath units and two (2) two-bedroom, one-bath units. The well-laid-out floor plans are flooded with natural light and enhanced by vintage hardwood floors, spacious interiors, and an on-site laundry facility, making it a sought-after living experience for tenants. 230 N. Reno is attractively priced with an in-place CAP rate of 6.02% and a 10.02 GIM, providing investors with strong current returns. There is significant upside potential as average rents of $2.39 per square foot remain well below market, positioning the property to achieve a stabilized market CAP rate of 8.63% and a GRM of 7.98. The surrounding

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Home facts

  • Year built:1929
  • Listing ID #:25602049
  • Added:76 day(s) ago
  • Updated:December 19, 2025 at 08:31 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:10
  • Living area:6,160 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1929
  • Building area:6,160 sq. ft.
  • Lot area:0.1 Acres

Finances and disclosures

  • Price:$1,795,000
  • Price per sq. ft.:$291.4
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 Lois Lauer Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Lois Lauer Realty, 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.

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