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$2,060,000
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Property Description
1037 S. Holt Avenue presents an opportunity to acquire a well-maintained six-unit multi-family asset in the heart of Pico-Robertson, one of Los Angeles' most desirable and centrally located rental neighborhoods. One 1-bedroom, 1-bath unit will be delivered vacant at the close of escrow, while the remaining five occupied units provide immediate cash flow and a more favorable path to financing with in-place income.When projecting the vacant unit at market rent (post-renovation), the asset is estimated to operate at an approximate 4.82% CAP rate and 12.53 GRM, highlighting its solid current performance. With full stabilization, the property offers strong upside potential with a projected 6.70% CAP rate and 10.00 GRM.The 5,330 square foot building sits on a 6,641 square foot lot and features a desirable unit mix of three 1-bedroom + 1-bath units, one 2-bedroom + 1-bath unit, and two 2-bedroom + 2-bath units, providing broad tenant appeal and strong rentability. The property includes six on-site parking spaces and has completed its seismic retrofit.Located in the Pico-Robertson neighborhood, 1037 S. Holt Avenue offers residents exceptional access to major employment and lifestyle centers including Beverly Hills, Century City, Culver City, and West Hollywood. The neighborhood is known for its walkable atmosphere, diverse dining options, and convenient proximity to transit and major thoroughfares, making it one of the most consistently sought-after rental markets in Los Angeles.
Full Property Details
Full Property Details for 1037 S Holt Ave
General
- Sold For: $2,060,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26669051
- Added to Site: 57 day(s) ago
Interior
- Flooring: Mixed, Other
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Smoke Detector, Carbon Monoxide Detector(s)
- Other Features: None
Parking
- Covered Spaces: 6
- Garage Description: Carport, Carport Detached
Location
- Area: Beverly Center-Miracle Mile
- County: Los Angeles
- Driving Directions: West of La Cienega Blvd and south of Olympic Blvd.
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Wall
Utilities
- Sewer: In Street
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Mid-Century
- Stories/Levels: 2
- Square Feet: 5,330
- Sq. Ft. Source: Assessor
- Year Built: 1957
- Year Built Source: Assessor
Unit Information
- Units in Complex: 6
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 2
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Property View: Other
- Lot Size (Acres): 0.1525
- Lot Size: 6642
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $394
- Assessment Year: 1957
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4332-024-013
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Schools
Schools serving 1037 S Holt Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Carthay Center Elementary 6351 West Olympic Boulevard, Los Angeles, CA 90048 | K-5 | 0.6 mi |
Emerson Community Charter School 1650 Selby Avenue, Los Angeles, CA 90024 | 6-8 | 3.3 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1037 S Holt Ave
Date
Details
Price
Change
Source
5/08/2026
Sold
$2,060,000
-1.9%
MLS
3/26/2026
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1037 S Holt Ave, Los Angeles, CA 90035 (MLS# 26669051) is a Multi-Family property that was sold at $2,060,000 on May 08, 2026. This property was listed by Eric Sackler from our Brentwood Office.Want to learn more about 1037 S Holt Ave? Do you have questions about finding other Multi-Family real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.



