$4,000,000

650 S Detroit Street, Los Angeles, CA 90036

  • 16,290 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon7,501sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $246/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

650 S Detroit St, a 16 unit apartment building located in the Miracle Mile, a highly desirable neighborhood in Los Angeles, California. Built in1931, the property consists of (4) studio units, (8) one-bedroom + one-bathroom units, (3) two-bedroom + one-bathroom units, (1) two-bedroom + one-and-a-half-bathroom units. The building is 16,290 gross square feet and sits on a 7,501 square foot lot.Nestled in the heart of Miracle Mile, 650 S Detroit St offers residents a central Los Angeles lifestyle surrounded by culture, dining, and entertainment. Just steps from Museum Row, including LACMA, the Petersen Automotive Museum, and the Academy Museum, this property places tenants at the intersection of art, history, and modern living.With a Walk Score of 93, residents enjoy easy access to local cafes, trendy restaurants, boutique shopping, and iconic destinations such as The Grove and the Original Farmers Market. Combining a prime Mid-Wilshire location with excellent connectivity, 650 S Detroit St delivers the ideal mix of convenience, culture, and lifestyle that keeps renters highly attracted to this sought-after neighborhood. The property currently delivers an initial CAP rate of 4.82%, with the potential to reach a 6.75% CAP rate upon unit turnover.

Listing Status:
Active
Date Added:
July 27, 2026
Data Last Updated:
August 24, 2026 at 11:08PM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Michael Kamara : 310-525-5833
MLS ID:
CL26864737
  • A/C: None
  • Heating: None
  • Parking: None
  • County: Los Angeles
  • Zoning: LAR45508007009

This listing courtesy of Michael Kamara , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

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

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Location

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