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1072 Leonard Avenue, 
Los Angeles, CA 90022

$1,180,000

—

Bed

—

Bath

4,861

Sq Ft

Multi-Family

Active

Listed by

Aaron Jacobson

Lyon Stahl Investment Real Estate, Inc.

310-425-9838

Last updated:

March 10, 2026, 11:43 AM

MLS#

SB26051757

Source:

CRMLS

About This Home

1072 Leonard Avenue

1072 Leonard Ave presents an excellent opportunity to acquire a well-located six-unit multifamily property in the heart of East Los Angeles. The property features a desirable unit mix consisting of (1) Studio, (4) 1-bedroom/1-bath units, and (1) 2- bedroom/1-bath unit, currently collecting $10,196.73 in monthly rent. Situated on a large 7,007 square foot lot, the property comes with approved plans for a (2) 1-Bed/1-Bath ADUs, allowing an investor to start construction immediately. After construction, the property is projects a 8.18% Cap Rate (After factoring in Construction costs). Currently operating at a 6.47% cap rate and 9.64 GRM, the property provides stable in-place income with upside potential for an investor looking to grow rents over time. East Los Angeles is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. A vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, East LA offers a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene. With a close proximity to the train line stop and walking distance to Hollenbeck Park, and restaurants, bars and nightlife.

Home Facts

Multi-Family

Built in 1930

Price Summary

1,180,000

$242 per Sq. Ft.

MLS #:

SB26051757

Last Updated:

March 10, 2026, 11:43 AM

Added:

3 day(s) ago

Rooms & Interior

Interior

Living Area:

4,861 Sq. Ft.

Structure

Structure

Building Area:

4,861 Sq. Ft.

Year Built:

1930

Lot

Lot Size (Sq. Ft):

7,008

Finances & Disclosures

Finances

Price:

$1,180,000

Price per Sq. Ft:

$242 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of March 12, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.