Home | Los Angeles County | Los Angeles | 90022 | 1072 Leonard Ave
MLS: CRSB26051757 | Status: | Price: $1,114,850
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,007 | 1930 |
1072 Leonard Ave presents an excellent opportunity to acquire a well-located six-unit multifamily property in the heart of East Los Angeles. The property features a desirable unit mix consisting of (1) Studio, (4) 1-bedroom/1-bath units, and (1) 2- bedroom/1-bath unit, currently collecting $10,196.73 in monthly rent. Situated on a large 7,007 square foot lot, the property comes with approved plans for a (2) 1-Bed/1-Bath ADUs, allowing an investor to start construction immediately. After construction, the property is projects a 8.18% Cap Rate (After factoring in Construction costs). Currently operating at a 6.47% cap rate and 9.64 GRM, the property provides stable in-place income with upside potential for an investor looking to grow rents over time. East Los Angeles is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. A vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, East LA offers a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene. With a close proximity to the train line stop and walking distance to Hollenbeck Park, and restaurants, bars and nightlife.
| Field | Value |
|---|---|
| MLS # | CRSB26051757 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
License #: 02100737
Phone: (310) 729-1559
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
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This listing information is up-to-date as of April 20, 2026. For the most current information, please contact Aaron Jacobson, (310) 729-1559.