1202 W Sunset Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath
1202 W Sunset Boulevard
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 1202 W Sunset Boulevard, Los Angeles, California 90026 is currently available with a list price of $2,700,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1915, this property is over a century old. While the listing states 'select units have been updated with modern flooring, windows, and kitchens,' the images reveal a significant disparity. Some kitchens and bathrooms appear partially updated (e.g., newer cabinets in one kitchen, updated shower tile in one bathroom, laminate flooring in some bedrooms), but others are clearly very dated with old cabinets, appliances, and flooring (e.g., kitchen in image 6, bathroom in image 4). The presence of 'wall heaters' across units indicates a lack of modern central heating/cooling. The exterior shows signs of age and wear, and the property analysis explicitly lists 'Age of Property & Potential Deferred Maintenance' and 'Significant Renovation Investment Required' as weaknesses. This indicates a need for substantial repairs and rehabilitation beyond minor updates to bring the property to a modern standard, aligning with a 'poor' condition score, despite some partial updates in individual units.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Growth Corridor
Situated on Sunset Blvd in the upcoming Angelino Heights neighborhood, a premier growth corridor between Downtown LA and Silverlake, with excellent proximity to major attractions and rising luxury developments.
- Significant Value-Add & Development Potential
Comprised of three quadruplexes on three separate parcels with LAC2 zoning, offering substantial flexibility for future development or value enhancement through comprehensive renovations and increased rents.
- Immediate Income & High Occupancy
All 12 units are fully occupied, providing immediate cash flow and demonstrating strong rental demand in the area, which is ideal for investors seeking stable returns from day one.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =15053, other record lot size in square feet = 5084. Living area discrepancy between mls listing and other public or private record. mls listing living area = 12486, other record living area = 4162.
- Age of Property & Potential Deferred Maintenance
Built in 1915, the buildings are over a century old, suggesting a high likelihood of significant deferred maintenance, outdated infrastructure (e.g., plumbing, electrical), and higher capital expenditure requirements.
- Significant Renovation Investment Required
While offering upside, achieving top-tier market rents and fully realizing the property's potential will necessitate a considerable investment in comprehensive renovations across many units, beyond the 'select units' already updated.
About 1202 W Sunset Boulevard
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 Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1915
- Lot Size
- 15,053 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Betty Plasencia Elementary School
Grades K-6 • 0.4 mi
Castelar Street Elementary School
Grades K-5 • 0.7 mi
Gratts Learning Academy For Young Scholars (Glays)
Grades K-6 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 12,486 | 2,494 | 92% |
| Lot Size | 15,053 | 5,892 | 92% |
| Price | $2.70M | $1.20M | 85% |
| Price per sq ft | $216 | $481 | 23% |
| Built year | 1915 | 1928 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 197 | 8% |
Pricing History
Listed for Sale
Jan 21, 2026
$2,700,000
Initial Listing