Property Details
About this Property
Discover a rare value-add opportunity in the heart of Los Angeles at 1822 Bridge Street, a well-located 10-unit multifamily asset offering immediate upside and long-term potential. Built in 1965, this 6,863 SF building sits on a 7,566 SF LARD1.5-zoned lot, giving buyers room to explore ADU expansion or future redevelopment (buyer to verify). Priced at just $2,230,000, the property pencils with a compelling 7.00% cap rate and 9.75x GRM, making it an attractive option for both seasoned operators and new investors looking for cash flow and growth. Major capital improvements have already been made such as new roof, new copper plumbing lines, new retrofit for tuck-under parking, as well as two(2) of the three vacant units having already been completely renovated. The unit mix delivers strong fundamentals: 5 two-bedroom units, 4 one-bedroom units, and 1 studio, with several units to be delivered vacant at close of escrow. This setup is ideal for repositioning, renovation, or capturing market rents right away. Utilities are separately metered for gas and electricity, helping streamline expenses. At $223,000 per unit and $325 per square foot, this property stands out as one of the more efficient multifamily plays in the area.
MLS Listing Information
MLS #
CRAR26001511
MLS Source
California Regional MLS
Days on Site
20
Parking, School, and Other Information
Garage/Parking
Garage: 10 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
1822 Bridge is a Residential Income in Los Angeles, CA 90033. This – square foot property sits on a 7,554 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,230,000 and was built in 1965. This address can also be written as 1822 Bridge, Los Angeles, CA 90033.
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This listing information is up-to-date as of January 05, 2026. For the most current information, please contact Matthew Guerra
