833 N Poinsettia Place, Los Angeles, CA 90046
- 1 bed
- 2,374 sqft
other
Built in 1940
7,405sqft lot
—— car garage
$548/sqft
Listed 11 days ago
Property Description
We are pleased to present a very rare opportunity to acquire 833 N Poinsettia Pl, a West Hollywood-adjacent 4-Unit multifamily building.Available for the first time since 1988, the property is ideally situated between Santa Monica Blvd and Melrose Ave, within walking distance to some of Los Angeles' most iconic dining, nightlife, and shopping destinations. 833 N Poinsettia Pl boasts a prime location with exceptionally high tenant demand and easy access to other coveted employer hubs including Beverly Hills, CenturyCity, Hollywood, and the Miracle Mile. This property sits on a 7,349 Square Foot lot with 2,374 Square Feet of gross building area. The property consists of Four (1) One-Bedroom Units that are each individually metered for utilities. Tenants also benefit from Six (6) on-site private parking spots, Four (4) garage spots and Two (2)along the driveway, as well as dedicated storage areas.This is a rare opportunity to acquire a coveted asset in one of the most competitive rental submarkets in Los Angeles. With current rents approximately 58% below market, the property provides clear value-add potential for investors, while also offering significant existing cash flow and strong long-term appreciation potential.
- Listing Status:
- Active
- Date Added:
- January 27, 2026
- Data Last Updated:
- February 7, 2026 at 10:06PM
- Listing Office:
- Datashare CR Default Office Don't Delete :
- Listing Agent:
- John Boyett : 707-815-7472
- MLS ID:
- CL26644191
- Zoning: LAR35526007023
- Source: CRMLS
Presented by Veterans United Realty
This listing courtesy of John Boyett , Datashare CR Default Office Don't Delete
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Melrose Avenue Elementary School
731 N Detroit St, Los Angeles, CA, 90046
Grades KG-5
0.25 miles away
Bancroft Middle School
929 N Las Palmas Ave, Los Angeles, CA, 90038
Grades 6-8
0.72 miles away
Fairfax High School
7850 Melrose Ave, Los Angeles, CA, 90046
Grades 9-12
0.67 miles away

