12 unit apartment in upcoming Angelino Heights neighborhood. 1202, 1206 and 1210 W. Sunset Blvd; 3 quadruplexes on 3 APNs (APN #5405-023-001, 5405-023-002, 5405-023-003). First time on the market in 48 years! Rare chance to secure a footprint on Sunset Blvd! This 12-unit apartment building sits on three parcels with LAC2 zoning—offering prime opportunity in one of Los Angeles’ premier growth corridors between Downtown LA and Silverlake. Just minutes from Elysian Park, Dodger Stadium, Echo Park, DTLA, and Crypto.com Arena. Each of the three buildings includes 4 units (2 upstairs, 2 downstairs), with spacious 2 bed/1 bath floorplans (approx. 1,040 SF), open living/dining layouts, private balconies and porches, wall heaters, washer/dryer hookups, and separately metered gas and electric. On-site parking is available, and select units have been updated with modern flooring, windows, and kitchens. All units are fully occupied, offering immediate income and strong upside potential. Investors have the opportunity to enhance value through renovations or explore future development possibilities—buyer to verify zoning and development options. With luxury developments rising nearby and demand surging along the Sunset Blvd corridor, this property offers major upside potential—whether you're holding long term, renovating for increased rents, or exploring future development.
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
15,053 sq. ft.1,398 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1915
(Age: 111)
General Listing Location:
Los Angeles, C21 - Silver Lake - Echo Park
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas
Common Interest:
None
Gross Income:
$190,157
Gross Scheduled Income:
$190,157
Net Operating Income:
$137,799
Rent Control:
Yes
Total Actual Rent:
$15,663
Association Fee:
$0
Land Lease:
No
Insurance Expense:
$6,449
Maintenance Expense:
$19,245
Operating Expense:
$52,358
Other Expense:
$26,664
Professional Management Expense:
$0
Trash Expense:
$0
Water and Sewer Expense:
$0
Vacancy Allowance:
$0
Tax Lot:
2
Tax Block:
28
N/101 Fwy, Corner of Marion and W. Sunset
Number of Buildings:
3
# of Electric Meters:
12
# of Gas Meters:
12
# of Water Meters:
3
# Units Leased:
12
Community Features:
Curbs, Street Lights, Sidewalks
Senior Community:
No
Interior Features:
Balcony
Laundry Features:
Electric Dryer Hookup, Gas Dryer Hookup
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Corner Lot
Fireplace Features:
None
Direction Faces:
East
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
Ground Level with steps and upstairs
New Constr.:
No
Common Walls:
1 Common Wall
# Units:
12
Heating:
Wall Furnace
Fireplace:
No
Cooling:
None
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected