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2038 S Holt Avenue, 
Los Angeles, CA 90034

$3,150,000

23

Beds

20

Baths

12,456

Sq Ft

Multi-Family

Pending

Listed by

Keith Moret

, 

Nicholas Ensbury

Lyon Stahl Investment Real Estate, Inc.

310-425-9838

Last updated:

May 29, 2025, 07:10 AM

MLS#

25533713

Source:

CRMLS

About This Home

2038 S Holt Avenue

This well maintained property represents the best value in La Cienega Heights. At $196 per unit and 11.5 times Gross, it is clearly the "Best in Class". There is (1) 3BR/2BA, (4) 2BR/2BA, (4) 2BR/1BA, (6)1BR/1BA and (1) Studio. The LA County Assessors list the property as 15 units, but it is operating as 16. The units are huge with a courtyard style layout and a pool. It has been in the family for 51 years, and managed professionally for decades. The property just benefitted from installation of brand new electrical service last year (by permit), and it has been retrofitted for EQ. There are 15 tuck-under parking spaces and a gated entry for security and convenience. It is 3 blocks from Kaiser West LA, and walking distance from Culver City Arts District, HBO, Amazon, Apple, and the Culver Steps. The rental upside is approximately 75%, resulting in a Pro-forma cap rate of 10.08%!! The property is being sold in conjunction with 2314 Corning, and be purchased together or separately. Don't miss this rare bargain!

Home Facts

Multi-Family

20 Baths

23 Bedrooms

Built in 1961

Price Summary

3,150,000

$252 per Sq. Ft.

MLS #:

25533713

Last Updated:

May 29, 2025, 07:10 AM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

23

Bathrooms

Total Bathrooms:

20

Interior

Living Area:

12,456 Sq. Ft.

Structure

Structure

Building Area:

12,456 Sq. Ft.

Year Built:

1961

Lot

Lot Size (Sq. Ft):

12,619

Finances & Disclosures

Finances

Price:

$3,150,000

Price per Sq. Ft:

$252 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of May 31, 2025 . 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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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.