$2,230,000

1822 Bridge, Los Angeles, CA 90033

  • 4 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,553sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Discover a rare value-add opportunity in the heart of Los Angeles at 1822 Bridge Street, a well-located 10-unit multifamily asset offering immediate upside and long-term potential. Built in 1965, this 6,863 SF building sits on a 7,566 SF LARD1.5-zoned lot, giving buyers room to explore ADU expansion or future redevelopment (buyer to verify). Priced at just $2,230,000, the property pencils with a compelling 7.00% cap rate and 9.75x GRM, making it an attractive option for both seasoned operators and new investors looking for cash flow and growth. Major capital improvements have already been made such as new roof, new copper plumbing lines, new retrofit for tuck-under parking, as well as two(2) of the three vacant units having already been completely renovated. The unit mix delivers strong fundamentals: 5 two-bedroom units, 4 one-bedroom units, and 1 studio, with several units to be delivered vacant at close of escrow. This setup is ideal for repositioning, renovation, or capturing market rents right away. Utilities are separately metered for gas and electricity, helping streamline expenses. At $223,000 per unit and $325 per square foot, this property stands out as one of the more efficient multifamily plays in the area.

Listing Status:
Active
Date Added:
January 5, 2026
Data Last Updated:
February 8, 2026 at 4:12AM
Listing Office:
KW Executive : 626-872-2207
Listing Agent:
Matthew Guerra : 909-997-9765
MLS ID:
AR26001511
  • Pool: N/K
  • General: 2 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Public Rec5174007017
  • Source: California Regional MLS

Presented by Veterans United Realty

This listing courtesy of Matthew Guerra , KW Executive

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bridge Street Elementary School

605 N Boyle Ave, Los Angeles, CA, 90033

Grades KG-5

0.15 miles away

U

Utah Street School

255 Gabriel Garcia Marquez St, Los Angeles, CA, 90033

Grades KG-8

0.54 miles away

F

Felicitas & Gonzalo Mendez High School

1200 Plaza Del Sol St, Los Angeles, CA, 90033

Grades 9-12

0.69 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.

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