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1943 Estrella Ave 4 Unit Apartment Building $1,350,000 ($337,500/Unit) Los Angeles, CA 90007
Investment Highlights
- Four-unit multifamily investment opportunity in the highly desirable University Park neighborhood.
- Located near the University of Southern California, creating strong rental demand drivers.
- Close to USC Village, BMO Stadium, Los Angeles Memorial Coliseum, California Science Center, and other cultural attractions.
- Historic property originally constructed in 1903 with classic architectural character.
- Convenient access to Downtown Los Angeles, I-10, I-110, Metro E Line, and major employment centers.
- Walkable urban location with nearby retail, dining, entertainment, and public transportation options.
Executive Summary
Welcome to 1943 Estrella Ave, a charming early-20th-century four-unit multifamily property ideally positioned in the heart of University Park, one of Los Angeles' most established and dynamic neighborhoods. Originally built in 1903, timeless architectural character combined with exceptional long-term investment potential. Close proximity, university of southern California is one of Los Angeles' most vibrant educational and cultural districts, blending historic architecture with modern urban conveniences. The neighborhood is known for its walkability, diverse dining scene, and proximity to world-class museums, sports venues, and entertainment. Other nearby destinations include California Science Center, Natural History Museum of Los Angeles County, BMO Stadium (LAFC), Los Angeles Memorial Coliseum, USC Village featuring Trader Joe's, Target, restaurants, cafes, and retail shopping, Downtown Los Angeles business and entertainment districts. Area provides easy access to the I-10 and I-110 Freeways, Metro E line and numerous bus routes, approximately 10 minutes to Downtown Los Angeles and Culver City / Santa Monica via Metro or Freeway. University Park offers a unique combination of historic homes, academic growth, museums, sporting activities and cultural attractions.
Property Facts
| Price | $1,350,000 | Building Class | C |
| Price Per Unit | $337,500 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 5,458 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1903 |
| Property Subtype | Apartment | ||
| Zoning | RD2 - RESTRICTED DENSITY MULTIPLE DWELLING ZONE | ||
| Price | $1,350,000 |
| Price Per Unit | $337,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,458 SF |
| No. Stories | 2 |
| Year Built | 1903 |
| Zoning | RD2 - RESTRICTED DENSITY MULTIPLE DWELLING ZONE |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5124-033-023 | Improvements Assessment | $144,403 |
| Land Assessment | $114,216 | Total Assessment | $258,619 |
Property Taxes
Parcel Number
5124-033-023
Land Assessment
$114,216
Improvements Assessment
$144,403
Total Assessment
$258,619
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1943 Estrella Ave