2466 Lancaster Avenue, Los Angeles, CA 90033

$1,230,000
7
BD
6
BA
4,009
SqFt

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Sold Price
$1,230,000
List Price
$1,288,000
Closing Date
May 14, 2026
Status
CLOSED
MLS#
25599921
Year Built
1959
Bedrooms
7
Bathrooms
6
Living Sq. Ft
4,009
Lot Size
6,741
Acres
0.15
Days on Market
108
Property Type
Multifamily
Stories
One Level

Property Description

Prime 6-unit apartment complex located near the USC Health Sciences Campus in one of Los Angeles' most dynamic and evolving neighborhoods. This low-maintenance, low-cost building offers a balanced investment profile with both stability and upside potential. A couple of the units are already collecting close to market rents. Most of the units have been improved and are occupied by long-standing tenants, providing consistent income and reduced turnover. In addition, the owner-owned laundry machines generate extra income. With proximity to major employment centers, public transit, and ongoing area redevelopment, the property is well-positioned for strong rental demand and long-term appreciation. A rare opportunity to own a multi-unit asset in a high-demand rental market.

Additional Information

Appliances
Disposal
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Attached Structure
Detached
Number Of Units Total
6
Levels
One
Parking Spaces
6

Listing courtesy of Listing Agent: Agnes Ferreyra (Agnes@DTLA-Residential.com) from Listing Office: Realty Source Incorporated.

Listing sold by Angel Hsu from VASTREE REAL ESTATE

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.