$2,210,000/mo

1034 S Herbert, Los Angeles, CA 90023

5,616 sqft

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 1992
0.27acre lot
—— car garage
$394/sqft
Listed 3 days ago

Property Description

7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.27% CAP rate. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investor’s dream: long-term tenants, below-market rents, and immediate to get cash flow and for growth & appreciation. Ample parking spaces, with a total of 16 parking spots. Due to the large lot size and abundant parking, there is potential to add ADUs. If feasible, the buyer’s potential income could further increase, but the buyer must verify with the city. The property equipped with security cameras.

Listing Status:: Active
Date Added:: February 4, 2026
Data Last Updated:: February 7, 2026 at 8:17PM
Listing Office:: 1000 Realty Corporation : 626-656-8600
Listing Agent:: Benjamin Lin : 626-656-8600
MLS ID:: AR26026771

Laundry: Common AreaInside

Pool: None
Parking: Parking spaces: 16

General: 2

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 5239018003

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

Presented by Veterans United Realty

This listing courtesy of Benjamin Lin , 1000 Realty Corporation

Location

Schools Nearby

Amanecer Primary Center

832 S Eastman Ave, Los Angeles, CA, 90023

Grades KG-2

0.24 miles away

Stevenson Middle School

725 S Indiana St, Los Angeles, CA, 90023

Grades 6-8

0.68 miles away

City of Angels

221 S Eastman Ave, Los Angeles, CA, 90063

Grades KG-12

0.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.