Date
Details
Price
Change
Source
2/19/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,200,000 Just Listed
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Property Description
Value-add multifamily opportunity featuring a classic 1960s asset offered to the market for the first time, providing a rare chance to reposition and enhance long-term value. Offered to market at a 9.8x GRM, this property features approximately 20% upside to market - and will be delivered with Two (2) Vacant Units - 2BR and Bachelor Unit - ready for immediate in-unit refreshes. 1649 S. La Brea is ideally located in the heart of Mid-City Los Angeles, one of the city's most dynamic rental submarkets, the property benefits from strong tenant demand, central connectivity, and ongoing neighborhood revitalization. A highly diverse unit mix of Bachelor, 1-, 2-, and 3-bedroom units appeals to a broad tenant base, supporting stable occupancy and leasing flexibility. Additionally, the property has completed the LA Seismic Retrofit Ordinance, with a Certificate of Compliance dated January 25, 2024. Contact Listing Agent for Offering Memorandum containing additional information.
Full Property Details
Full Property Details for 1649 S La Brea
General
- Price: $2,200,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26037363
- Updated: 2/20/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 9
- Parking Features: Covered
- Parking: Covered
Location
- Area: C16 - Mid Los Angeles
- County: Los Angeles
- Development Name: C16 - Mid Los Angeles
- Driving Directions: On La Brea. South of Venice Blvd.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 10
- # Electric Meters: 12
Structural Information
- Entry Location: Ground
- Square Feet: 6,816
- Year Built: 1963
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 9
- Number of Units: 1
- Total Bathrooms: 1
Unit 10
- Total Bathrooms: 1
Unit 11
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.1608
- Lot Size (Sq. Ft.): 7,003
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $322.77
- Price Per Unit: 200000
Listed by Greysteel California, Inc., Everett Wong
We Value Your Privacy
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Listing agent
— 1649 S La Brea —
Everett Wong
Greysteel California, Inc.
310-382-6705
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1649 S La Brea
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Saturn Street Elementary School 5360 Saturn Street, Los Angeles, CA 90019 | K-5 | 0.6 mi |
Emerson Community Charter School 1650 Selby Avenue, Los Angeles, CA 90024 | 6-8 | 5.2 mi |
Los Angeles Senior High School 4650 West Olympic Boulevard, Los Angeles, CA 90019 | 9-12 | 1.1 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 1649 S La Brea
Tax History
Tax History for 1649 S La Brea
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,029
4%
$218,889
4%
2023
$3,876
3%
$210,515
2%
2022
$3,751
2%
$206,451
2%
2021
$3,670
-1%
$202,467
1%
2020
$3,689
3%
$200,425
4%
2019
$3,593
4%
$193,359
2%
2018
$3,456
3%
$189,569
2%
2017
$3,360
5%
$185,853
2%
2016
$3,212
1%
$182,210
2%
2015
$3,180
-3%
$179,474
2%
2014
$3,268
—
$175,959
—
2013
$3,263
—
$175,165
—
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
Estimate the Cost for 1649 S La Brea
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- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 1,176Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,626Sq. Ft.
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- Single Family
- Closed
- Updated 2 days ago
- 4Beds
- 4Total Baths
- 2,533Sq. Ft.
1649 S La Brea, Los Angeles, CA 90019 (MLS# PW26037363) is a Multi-Family property with 11 units containing 0 bedrooms and 0 full bathrooms. 1649 S La Brea is currently listed for $2,200,000 and was received on February 19, 2026. Want to learn more about 1649 S La Brea? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.