1202 W Sunset Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath

1202 W Sunset Boulevard, Los Angeles, California 90026 home-pic-0
ACTIVE$2,700,000
1202 W Sunset Boulevard, Los Angeles, California 90026
0Bed
0Bath
12,486Sqft
15,053Lot
Year Built
1915
Close
-
List price
$2.7M
Original List price
$2.7M
Price/Sqft
$216
HOA
-
Days on market
-
Sold On
-
MLS number
PF25082075
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.70M(91th), sqft - 12486(91th), beds - undefined(50th), baths - undefined(50th).

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.

Nearby schools

4/10
Betty Plasencia Elementary School
Public,K-60.4mi
6/10
Castelar Street Elementary School
Public,K-50.7mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,K-60.9mi
5/10
Rosemont Avenue Elementary School
Public,K-51.1mi
7/10
Solano Avenue Elementary School
Public,K-61.2mi
/10
Lake Street Primary School
Public,K-11.2mi
2/10
Mayberry Street Elementary School
Public,K-61.4mi
3/10
Elysian Heights Elementary School
Public,K-61.4mi
8/10
Clifford Street Elementary School
Public,K-61.5mi
7/10
Dorris Place Elementary School
Public,K-61.7mi
5/10
Micheltorena Street Elementary School
Public,K-52.0mi
8/10
Allesandro Elementary School
Public,K-62.3mi
2/10
Logan Street Elementary School
Public,K-80.8mi
3/10
Sal Castro Middle School
Public,6-80.9mi
5/10
Florence Nightingale Middle School
Public,6-82.2mi
5/10
Virgil Middle School
Public,6-82.4mi
6/10
Thomas Starr King Middle School
Public,6-82.6mi
6/10
Irving STEAM Magnet
Public,6-83.4mi
3/10
Belmont Senior High School
Public,9-120.9mi
8/10
John Marshall Senior High School
Public,9-123.1mi
Condition Rating
Fair

The property was built in 1915. While some units have been updated with modern flooring, windows, and kitchens, the overall condition appears aged. The bathrooms shown in the images are functional but outdated. The exterior shows signs of wear. It requires minor updates or repairs to bring it to a more modern standard.
Pros & Cons

Pros

Prime Location: Located in the rapidly developing Angelino Heights neighborhood, offering proximity to Downtown LA, Silverlake, Elysian Park, Dodger Stadium, Echo Park, and Crypto.com Arena.
High Density Zoning: LAC2 zoning provides significant potential for future development or expansion, subject to buyer verification.
Immediate Income: The property is fully occupied, providing immediate rental income and cash flow.
Upside Potential: Opportunity to increase value through renovations, rent increases, or future development projects.
Separate Metering: Each unit is separately metered for gas and electric, simplifying utility management and tenant billing.

Cons

Age of Property: Built in 1915, the property may require significant maintenance and upgrades due to its age.
Limited Modern Amenities: While some units have been updated, others may lack modern amenities, potentially impacting rental rates.
Potential Renovation Costs: Renovating multiple units to maximize rental income could involve substantial upfront costs.

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