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Listed by: Benjamin Lin (626) 233-3678 DRE #01383988 | 1000 Realty Corporation (626) 656-8600
$2,100,000
Monthly Est:$10,452
13 Beds
10 Baths
5,616sqft
1034 S Herbert, Los Angeles, CA 90023
$2,100,000
$10,452/moEst:
Get Pre-Approved
Apartment
Built in 1992
$-- HOA
11,841 sqft lot
$374/sq.ft
Description
7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.6% CAP rate. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investor’s dream: long-term tenants, below-market rents, and immediate to get cash flow and for growth & appreciation. Ample parking spaces, with a total of 16 parking spots. Due to the large lot size and abundant parking, there is potential to add ADUs. If feasible, the buyer’s potential income could further increase, but the buyer must verify with the city. The property equipped with security cameras. The seller may carry.
- Houzeo last checked: 1 hour ago
- Listing updated: August 26, 2026 at 11:58 pm
- Source: California Regional MLS-CA | MLS#: AR26026771
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1992
HOA Fees
-
Finished Area
5,616 sqft
Lot Size
11,841 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26026771
MLS Status
Active
Days on Market
248
Cumulative Days on Market
341
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 13
Bathrooms: 10
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Pool Features
None
Laundry Features
Common Area, Inside
Other Features
Community Features
Curbs, Gutters
Lot Features
Six To Ten Units Acre
Price History
| Date | Event | Price |
|---|---|---|
02/04/2026 Source: | Price Decreased | $2,100,000 -4.98% $374/sqft |
02/04/2026 Source: | Listed for Sale | $2,210,000 $394/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 12, 2026, 05:15AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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