1034 Beacon, Los Angeles, California 90015, Los Angeles, 90015 - 0 bed, 0 bath
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Los Angeles, California 90015
Analysis of 1034 Beacon, Los Angeles, California 90015 is currently available with a list price of $1,799,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1912, the property has undergone a comprehensive, high-quality renovation within the last 5 years. Interior images confirm brand-new kitchens with shaker cabinets and stainless steel appliances, modern bathrooms with updated vanities and glass showers, new flooring, and fresh paint throughout, meeting the criteria for mint, turn-key condition.
With three out of four units delivered vacant, investors have the rare opportunity to immediately set market-rate rents, maximizing cash flow without the constraints of existing long-term tenancies.
The property features fully updated units with modern finishes, significantly reducing the need for immediate capital expenditures and making it attractive for both high-quality tenants and owner-users.
Located in a high-demand rental pocket near Downtown Los Angeles with easy access to major freeways and public transit, ensuring long-term desirability and low vacancy risk.
Built in 1912, the property may have underlying aging systems typical of century-old structures that could require ongoing maintenance despite the recent cosmetic unit updates.
The current list price of $1.85M represents a substantial $600,000 increase over its 2022 sale price, which may tighten the initial capitalization rate for yield-focused investors.
VALUE-ADD | PARTIALLY VACANT | FULLY UPDATED UNITS, Welcome to 4 units on Beacon Ave, a well-maintained and fully updated multi-unit property located in the heart of Los Angeles. This is a prime opportunity for both investors and owner-users looking for flexibility and strong income potential. The property features 4 units total, with 3 units delivered vacant and 1 unit currently rented, allowing immediate upside through lease-up at market rents or the option for owner occupancy. All units have been tastefully updated, offering modern finishes that attract quality tenants and reduce immediate capital expenses. The property is positioned for strong cash flow. Ideal for investors looking to maximize rental income, execute a lease-up strategy, or explore long-term hold potential in a high-demand rental area. Centrally located with easy access to Downtown Los Angeles, major freeways, public transportation, and local amenities. Turn-key condition with vacancy upside — a rare opportunity in today’s market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,966 | 2,250 |
| Lot Size | 8,003 | 5,864 |
| Price | $1.80M | $826.7K |
| Price per sq ft | $454 | $395 |
| Built year | 1912 | 1925 |
| HOA | $0 | $0 |
| Days on market | 89 | 83 |
May 20, 2026
$1,799,000
$1,850,000
-3% Price Drop
Initial Listing
Apr 24, 2026
$1,850,000
Initial Listing
Nov 4, 2022
$1,250,000
Public Record
Oct 15, 2021
$835,000
Public Record