$1,300,000

833 N Poinsettia Place, Los Angeles, CA 90046

  • 1 bed
  • 2,374 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $548/sqft
  • Property List Date Icon 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
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR35526007023
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of John Boyett , Datashare CR Default Office Don't Delete

Monthly Payment

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

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Location

Schools Nearby

M

Melrose Avenue Elementary School

731 N Detroit St, Los Angeles, CA, 90046

Grades KG-5

0.25 miles away

B

Bancroft Middle School

929 N Las Palmas Ave, Los Angeles, CA, 90038

Grades 6-8

0.72 miles away

F

Fairfax High School

7850 Melrose Ave, Los Angeles, CA, 90046

Grades 9-12

0.67 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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