1250 Gordon Street, Los Angeles, California 90038, Los Angeles, 90038 - bed, bath
1250 Gordon Street
Los Angeles, California 90038
Property Price
SUMMARY
Analysis of 1250 Gordon Street, Los Angeles, California 90038 is currently available with a list price of $1,699,900. 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 1960, the property's interiors are explicitly described as 'slightly dated' and a 'cosmetic value-add opportunity,' with 'Dated Interiors Requiring Renovation' listed as a weakness. Images confirm this, showing very old kitchens with original-style wood cabinets, basic appliances, and tile countertops. The bathrooms feature extremely outdated elements like pink tiled walls and sinks, and old sliding shower doors, indicating renovations likely 30-50+ years ago, if not original. While the structure appears solid and units are livable, the extensive updates needed for kitchens, bathrooms, and systems (e.g., window AC units instead of central HVAC, older water heater) go beyond minor repairs and constitute substantial rehabilitation to meet current market expectations and maximize rental income.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Hollywood Location
Located in the highly desirable heart of Hollywood, this property offers excellent walkability and proximity to studios, nightlife, and public transit, ensuring strong rental demand.
- Multifamily Investment Opportunity
A rare 7-unit multifamily asset (1x 2BD/2BA, 4x 1BD/1BA, 2x Studio) provides diversified income streams and a significant addition to an investment portfolio.
- Clear Value-Add Potential
With dated interiors but solid construction, the property presents a perfect cosmetic value-add opportunity to upgrade units, restore charm, and achieve full market rental rates.
CONSRISKS & DEFICIENCIES
- Dated Interiors Requiring Renovation
The interiors are described as 'slightly dated,' indicating a need for capital investment and renovation to modernize units and maximize rental income potential.
- Unrealized Rental Income
Two units are not currently achieving full market rates, requiring additional investment and management effort to upgrade and stabilize rents to their full potential.
- Significant Price Reductions
The property has undergone multiple, substantial price reductions from its original listing, which may suggest initial overvaluation or market resistance.
About 1250 Gordon Street
Hollywood Investment Gem – 7-Unit Value-Add with Upside Rent Potential Now available: a rare multifamily investment opportunity in the heart of Hollywood, ideally located between Santa Monica Blvd and Sunset Blvd, with Fountain Ave as the cross street Add a high-potential asset to your portfolio in one of Los Angeles’ most in-demand rental submarkets. 7 Total Units: • (1) Two-Bedroom, Two-Bath • (4) One-Bedroom, One-Bath • (2) Studio Units Reliable income from 5 out of 7 units, while upgrading remaining units to achieve full market rates. The interiors are slightly dated, but the spacious layouts and solid construction offer a perfect cosmetic value-add opportunity. Light updates will easily elevate the property and restore its classic Hollywood charm.Located in a high-demand, walkable neighborhood, just steps from studios, nightlife, and transit. Long-term appreciation and income upside make this a smart play for savvy investors.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1960
- Lot Size
- 6,492 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1960 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Nov 12, 2025
$1,699,900
$1,699,990
+0% Price Increase
Initial Listing
Price Change
Nov 9, 2025
$1,699,990
$1,799,999
-6% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$1,799,999
$1,950,000
-8% Price Drop
Initial Listing
Price Change
Aug 13, 2025
$1,950,000
Initial Listing
Price Change
Jun 4, 2025
$2,499,999
Initial Listing