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$2,210,000

  • For Sale
  • Active
  • Multi-Family
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7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.27% CAP rate. New rent start on 12/1/25. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investor's dream: long-term tenants, below-market rents, and immediate to get cash flow and for growth & appreciation. Ample parking spaces, with a total of 16 parking spots. Due to the large lot size and abundant parking, there is potential to add ADUs. If feasible, the buyer's potential income could further increase, but the buyer must verify with the city. The property equipped with security cameras.

Full Property Details for 1034 S Herbert St

General

  • Price: $2,210,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR25218001
  • Updated: 11/25/2025
  • Days on Market: 125 days
  • Added to Site: 125 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area, Inside

Additional Information

  • Pool Description: None

Location

  • Area: ELA - East Los Angeles
  • County: Los Angeles
  • Development Name: ELA - East Los Angeles
  • Driving Directions: West of 710 Freeway & North of 5 Freeway, Near USC Medical Center, Cal State LA

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 8
  • # Electric Meters: 8

Structural Information

  • Entry Location: Front
  • Square Feet: 5,616
  • Year Built: 1992

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.272
  • Lot Size (Sq. Ft.): 11,847
  • Lot Size Source: Public Records
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $393.52
  • Price Per Unit: 315714

Listed by 1000 Realty Corporation, Benjamin Lin

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Listing agent

— 1034 S Herbert St —

  • Benjamin Lin

    1000 Realty Corporation

626-233-3678

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1034 S Herbert St

School District:Los Angeles Unified School District
NameGradesDistance
Eastman Avenue Elementary School
4112 East Olympic Boulevard, Los Angeles, CA 90023
K-50.3 mi
Robert Louis Stevenson Middle School
725 South Indiana Street, Los Angeles, CA 90023
6-80.6 mi
Hilda L. Solis Learning Academy School Of Technology, Business And Education
319 North Humphreys Avenue, Los Angeles, CA 90022
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1034 S Herbert St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/15/2025
Listed
$2,210,000
28.12%
MLS
10/27/2022
Sold
$1,725,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1034 S Herbert St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,715
6%
$1,795,490
4%
2023
$24,356
23%
$1,725,800
24%
2022
$19,861
1%
$1,395,196
2%
2021
$19,635
-1%
$1,367,856
1%
2020
$19,776
4%
$1,353,840
2%
2019
$19,079
2%
$1,326,510
2%
2018
$18,736
40%
$1,300,500
53%
2017
$13,388
2%
$851,415
2%
2016
$13,077
1%
$834,721
2%
2015
$12,895
—
$822,183
2%
2014
$12,914
1%
$806,078
—
2013
$12,845
—
$802,436
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1034 S Herbert St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by 1000 Realty Corporation, Benjamin Lin

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1034 S Herbert Street, East Los Angeles, CA 90023 (MLS# AR25218001) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 1034 S Herbert Street is currently listed for $2,210,000 and was received on September 15, 2025. Want to learn more about 1034 S Herbert Street? Do you have questions about finding other Multi-Family real estate for sale in East Los Angeles? You can browse all East Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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