1426 Allison, Los Angeles, California 90026, Los Angeles, 90026 - 0 bed, 0 bath
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1426 Allison
Los Angeles, California 90026
ACTIVE
CONDITION: POOR
0Beds
0Baths
4,304Sq Ft
7,500Lot Size
Property Price
LIST PRICE$2,200,000
SUMMARY
Nestled in the highly sought after neighborhood of Angelino Heights sits an amazing multi-family opportunity. The units’ mix is divided into three separate duplex structures consisting of two 2-bed/1-bath units, three 1-bed/1-bath units, and one studio unit. The structures are 4,304 square feet total sitting on a 7,500 square foot lot, with four garage spaces attached in the front. Property is conveniently located one block away from Sunset Boulevard and a few minutes to Dodgers Stadium, making this 6-unit property within walking distance of many restaurants, coffee shops, stores and entertainment. Amazing chance to acquire a value add property in a desirable location.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1929 and marketed as a 'value add' opportunity, this property shows significant signs of deferred maintenance. Images reveal major structural cracking in the exterior concrete stairs and foundation walls, dated windows, and weathered surfaces, indicating a need for a full rehab of systems and finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Angelino Heights Location
Situated in a highly sought-after historic neighborhood, the property is just one block from Sunset Boulevard and minutes from Dodger Stadium, offering exceptional walkability to premier dining, coffee shops, and entertainment.
- Versatile Multi-Family Composition
The 6-unit mix is spread across three separate duplex structures on a generous 7,500 square foot lot, providing a unique layout that offers more privacy and appeal than a single high-density building.
- Significant Value-Add Potential
This property presents a major opportunity for investors to capture market upside through strategic renovations and modernization in one of Los Angeles' most resilient rental submarkets.
CONSRISKS & DEFICIENCIES
- Insufficient Parking Ratio
With only four garage spaces available for six units, the property lacks a 1:1 parking ratio, which can be a significant drawback for tenants in a high-density area where street parking is limited.
- Vintage Infrastructure Demands
Dating back to 1929, the property likely requires substantial capital expenditure for system upgrades and ongoing maintenance typical of century-old structures to meet modern tenant expectations.
About 1426 Allison
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1929
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 • 0.5 mi
4/10
Rosemont Avenue Elementary School
Grades K-5 • 0.9 mi
5/10
Mayberry Street Elementary School
Grades K-6 • 1.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 11.0 |
| Baths | 0.0 | 5.7 |
| Square foot | 4,304 | 4,165.789 |
| Lot Size | 7,500 | 6,696 |
| Price | $2.20M | $956.9K |
| Price per sq ft | $511 | $273 |
| Built year | 1929 | 1937 |
| HOA | $0 | $907 |
| Days on market | 19 | 134 |
Pricing History
Listed for Sale
Oct 21, 2026
$2,200,000
Initial Listing
Sold
May 4, 2022
$2,100,000
Public Record
Sold
Dec 20, 2002
$445,000
Public Record