1037 S Holt Ave presents a rare opportunity to acquire a well-maintained 6-unit multifamily asset in a highly desirable Mid-City Los Angeles location, just east of Beverly Hills. Offered at $2,100,000 ($394/SF and $350,000 per unit), the property delivers stable, 5 units occupied in-place income with clear value-add potential. With a current CAP rate of 4.82% and GRM of 12.53, the asset offers a strong path to improved performance, reaching a projected 6.70% CAP rate and 10.00 GRM through organic rent growth and unit turnover.

Built in 1957, the approximately 5,330 square-foot building sits on a 6,642 square-foot LAR3-zoned lot, providing both immediate income and long-term redevelopment potential. The unit mix consists of three 1-bedroom/1-bath units, two 2-bedroom/2-bath units, and one 2-bedroom/1-bath unit—well-suited to the area’s renter demographic. The property includes 6 on-site parking spaces and has completed seismic retrofitting in 2022, offering operational stability and reduced capital expenditure risk. Utilities are structured with landlord-paid water and tenant-paid gas and electric, helping to optimize expense efficiency.