$1,590,000

2677 Moss Avenue, Los Angeles, CA 90065

  • 5,115 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon7,479sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $311/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

7 unit value-add apartment located in Glassell Park, one of the hottest neighborhoods of Los Angeles bordered by Glendale, Silver Lake, Eagle Rock, Highland Park, Cypress Park, Mt. Washington and Atwater Village. Its centralized LA County location provides extended proximity to Hollywood, Koreatown, Downtown LA, Monterey Park, Alhambra and Pasadena. It is a hilly neighborhood with modest homes and fashionable neighbors, serviced by many locally owned eateries, coffee shops and shopping boutiques. Residents are further benefited by public transportation and quick access to the 2 and 5 Freeways. This continually flourishing sub-market coupled with a property generating income well-below market, presents an investor with a considerable opportunity worth seizing. In recent years the owners have spent significant funds in improving the property. In addition, seismic gas shut-off valves and completing soft-story seismic retrofit (permitted 03/2020) was also completed. There are 7 parking spaces equally assigned to each unit. There is a dedicated on-site laundry room, which currently has no machines. Charging for parking and providing laundry machines are opportunities to immediately enhance yield. Additionally, market rents are projected at $2,100 for all the 2BR units after full renovation, which equates to 120% in rental upside. The property is subject to The City of LA Rent Stabilization Ordinance (RSO).

Listing Status:
Active
Date Added:
April 29, 2026
Data Last Updated:
May 20, 2026 at 5:17AM
Listing Office:
Rise Realty : 866-344-7473
Listing Agent:
Ani Ginosyan : 818-809-6875
MLS ID:
PTP2603204
  • Laundry: Washer HookupGas Dryer Hookup
  • A/C: None
  • Heating: None
  • Pool: None
  • Parking: Parking spaces: 0
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRP
  • County: Los Angeles
  • Zoning: R1-1-CDO5457019026
  • Sewer: Public Sewer
  • Source: CRMLS_CRP

This listing courtesy of Ani Ginosyan , Rise Realty

Monthly Payment

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

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Location

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