CA > Los Angeles
Los Angeles, CA 90046,1627 N Poinsettia Pl
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Los Angeles, CA 90046,1627 N Poinsettia Pl
Los Angeles, CA 90046,1627 N Poinsettia Pl
Los Angeles, CA 90046,1627 N Poinsettia Pl
Los Angeles, CA 90046,1627 N Poinsettia Pl
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 5,095,000
Est. payment /mo
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1627 N Poinsettia Pl Los Angeles, CA 90046

18 Beds

24 Baths

14,817 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,817 sqft

Price per Sqft $343

MLS Listing ID 25551207

Bedrooms 18

Year Built 1965

Lot Size 8,439 Sqft

Acres 0.1937

Property Sub-Type Multi-Family

Property Description

1627 N Poinsettia Place is a 20-unit situated in a prime Hollywood locationone of the most desirable rental submarkets in Los Angeles. Originally built in 1965, the three-story building spans approximately 14,817 square feet. The asset features an ideal unit mix consisting of: (2) Studio units, (14) One-Bedroom / One-Bath units, (4) Two-Bedroom / Two-Bath units. The majority of units are currently rented at below-market rates, presenting a classic value-add opportunity for investors seeking long-term upside through renovation and repositioning. Notable recent capital improvements include a new elevator system and upgraded master water heater, enhancing both reliability and tenant experience. One of the two bedroom units serves as a spacious, well-renovated owner's unit, while the on-site manager's studio unit will be delivered vacant at close of escrow, offering flexibility for new management or rental use. Additional property highlights include gated subterranean parking, a rare and desirable amenity in this dense urban area. This offering presents a unique opportunity for an astute multifamily investor to acquire a well-located, income-generating asset with significant upside potential in the heart of Hollywood.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning

Equipment Refrigerator, Range/Oven, Dishwasher, Elevator

Exterior

Parking Features Subterranean

Garage Spaces 22.0

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Miller & Desatnik Realty Co.

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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