1458 Tamarind Avenue, Los Angeles, California 90028, Los Angeles, 90028 - 0 bed, 0 bath
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Los Angeles, California 90028
Analysis of 1458 Tamarind Avenue, Los Angeles, California 90028 is currently available with a list price of $2,499,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1964, the property's interiors are explicitly described as 'slightly dated' and requiring a 'light cosmetic refresh.' Images confirm this, showing very dated bathrooms with original-looking tiles and fixtures, and a mix of kitchen conditions—some with older wood cabinets and appliances, and others with newer white cabinets and quartz-look countertops but still older appliances. Flooring varies from newer laminate to older laminate and carpet. The presence of wall heaters and window AC units indicates a lack of central HVAC. While functional and livable, the property clearly shows its age and requires significant cosmetic updates to meet modern standards, aligning with the 'Fair' category where major components are functional but outdated, and minor to moderate updates are needed.
The property is situated in world-famous Hollywood, just steps from Sunset Boulevard and near major entertainment companies like Netflix and KTLA 5, ensuring high rental demand and strong appreciation potential.
This is explicitly marketed as a value-add opportunity, allowing investors to reposition the building through cosmetic refreshes to immediately capture current market rents and maximize income.
Comprising 7 spacious units (3x 2BD/2BA, 4x 1BD/1BA), the property offers diversified income streams and a desirable unit mix in a high-demand rental market.
The interiors are noted as 'slightly dated,' necessitating a cosmetic refresh to meet current market expectations and achieve premium rental rates.
Realizing the full value-add potential requires an immediate capital outlay for renovations and upgrades, which may impact initial cash flow and overall project budget.
Built in 1964, the property may have older systems and infrastructure that could require maintenance or upgrades beyond cosmetic, potentially leading to unforeseen expenses.
Capture today's market rents!!!! Great opportunity in world famous Hollywood – 7-Unit Value-Add Opportunity Near Sunset Blvd Now available: a rare apartment building opportunity in the heart of Hollywood, just steps from Sunset Boulevard with Netflix and KTLA 5 as your neighbors. This is your chance to add a prime asset to your portfolio in one of Los Angeles' most sought-after rental markets. The property includes 7 spacious units, consisting of: • (3) Two-bedroom, two-bath units • (4) One-bedroom, one-bath units Investors can immediately reposition the building to capture current market rents. The interiors are slightly dated, but the layout and size of the units offer incredible potential — a light cosmetic refresh is all that’s needed to elevate the property and reflect the glamour of its Hollywood location. This is a true value-add opportunity in a location that continues to grow in demand and prestige.
No exterior & parking available.
No sensitive facilities data found.
| 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 | 1964 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Nov 11, 2025
$2,499,900
$2,699,999
-7% Price Drop
Initial Listing
Nov 8, 2025
$2,699,999
$2,799,999
-4% Price Drop
Initial Listing
Nov 7, 2025
$2,799,999
$2,950,000
-5% Price Drop
Initial Listing
Aug 13, 2025
$2,950,000
Initial Listing
Jun 4, 2025
$3,499,999
Initial Listing