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$2,826,000
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Property Description
1150 Masselin Ave is a 10 unit building near Miracle Mile in Los Angeles. Offers Assumable Financing at 3.15% Interest Only until 2031! The spacious 1 & 2 bedroom units average to about 877 SF each. 4 out of the 10 units have been renovated, while also offering over 54% rental upside! Brand New Roof Put in 2024. Potential ADU opportunity via SB 1211 (Buyer to Verify). The building is separately metered for gas and electric and has a new 100G water heater. 1150 Masselin has 7 total parking spaces and features a Large 9,295 SF Corner Lot Zoned LAR3.
Full Property Details
Full Property Details for 1150 Masselin Ave
General
- Sold For: $2,826,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25523913
- Added to Site: 282 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 10
Bedrooms
- Total Bedrooms: 14
Other Rooms
- Laundry: Community
Additional Information
- Other Features: Other
Parking
- Covered Spaces: 3
- Garage Description: Driveway, Covered Parking
Location
- Area: Beverly Center-Miracle Mile
- County: Los Angeles
- Driving Directions: South of San Vicente, off Masselin Ave
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Electric
Structural Information
- # Buildings: 1
- Stories/Levels: 0
- Square Feet: 8,768
- Sq. Ft. Source: Assessor
- Year Built: 1948
- Year Built Source: Assessor
Unit Information
- Units in Complex: 10
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.2134
- Lot Size: 9295
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $330.18
- Assessment Year: 1948
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5085-019-018
Listed by Lyon Stahl Investment Real Estate, Inc., Jordan Asheghian
Sold by Simco Enterprises Inc, Babak Siminou
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Schools
Schools serving 1150 Masselin Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Saturn Street Elementary School 5360 Saturn Street, Los Angeles, CA 90019 | K-5 | 0.5 mi |
Emerson Community Charter School 1650 Selby Avenue, Los Angeles, CA 90024 | 6-8 | 4.6 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 1.9 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 1150 Masselin Ave
Date
Details
Price
Change
Source
10/17/2025
Sold
$2,826,000
-2.38%
MLS
4/10/2025
Listed
$2,895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1150 Masselin Ave, Los Angeles, CA 90019 (MLS# 25523913) is a Multi-Family property that was sold at $2,826,000 on October 17, 2025. Want to learn more about 1150 Masselin 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.

