Home | Los Angeles County | Los Angeles | 90019 | 1649 S La Brea

1649 S La Brea, Los Angeles, CA 90019

MLS: CRPW26037363 | Status: | Price: $2,000,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds	Baths	Sq Ft	Sq Ft Lot	Yr Built
–	–	–	7,003	1963

Remarks

Value-add multifamily opportunity featuring a classic 1960s asset offered to the market for the first time, providing a rare chance to reposition and enhance long-term value. Offered to market at a 8.9x GRM, this property features approximately 20% upside to market - and will be delivered with Two (2) Vacant Units - 2BR and Bachelor Unit - ready for immediate in-unit refreshes. 1649 S. La Brea is ideally located in the heart of Mid-City Los Angeles, one of the city’s most dynamic rental submarkets, the property benefits from strong tenant demand, central connectivity, and ongoing neighborhood revitalization. A highly diverse unit mix of Bachelor, 1- and 2-bedroom units appeals to a broad tenant base, supporting stable occupancy and leasing flexibility. Additionally, the property has completed the LA Seismic Retrofit Ordinance, with a Certificate of Compliance dated January 25, 2024. Contact Listing Agent for Offering Memorandum containing additional information.

MLS Listing Information

Field	Value
MLS #	CRPW26037363
MLS Source	California Regional MLS
Days on Site	63

Features

Interior Features

Feature	Details
Laundry	Community Facility

Parking, School, and Other Information

Feature	Details
Garage/Parking	Covered Parking, Garage: 9 Car(s)

Contact Information

Everett Wong
Greysteel California, Inc.
License #: 01991247
Phone: (310) 439-5790

Property Units

# Buildings	# Leased Units	# Total Units
1	–	–

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School	Type	Grades	Distance	Rating
Alta Loma Elementary School	public	K-5	0.45 mi	6
Saturn Street Elementary School	public	K-5	0.58 mi	8
Cienega Elementary School	public	K-5	0.96 mi	5
Wilshire Crest Elementary School	public	K-5	0.97 mi	4
Queen Anne Place Elementary School	public	K-5	1.04 mi	8
Los Angeles Senior High School	public	9-12	1.09 mi	4
Johnnie Cochran, Jr., Middle School	public	6-8	1.14 mi	3
Virginia Road Elementary School	public	K-5	1.16 mi	8
Marvin Elementary School	public	K-5	1.19 mi	9
Los Angeles Technology Center	public	UG	1.23 mi	N/A
Arlington Heights Elementary School	public	K-5	1.24 mi	3
Los Angeles Center For Enriched Studies	public	6-12	1.44 mi	8
John Burroughs Middle School	public	6-8	1.44 mi	7
Susan Miller Dorsey Senior High School	public	9-12	1.50 mi	3
View Park Continuation School	public	9-12	1.57 mi	1
Carson-Gore Academy Of Enviornmental Studies	public	K-5	1.59 mi	5
Crescent Heights Boulevard Elementary School	public	K-5	1.59 mi	6
Carthay Center Elementary	public	K-5	1.67 mi	7
Pio Pico Middle School	public	6-8	1.72 mi	6
Sixth Avenue Elementary School	public	K-5	1.79 mi	3

Disclosures

©2026 California Regional MLS. All rights reserved. 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 provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

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This listing information is up-to-date as of April 14, 2026. For the most current information, please contact Everett Wong, (310) 439-5790.