1458 Tamarind Avenue, Los Angeles, California 90028, Los Angeles, 90028 - bed, bath
1458 Tamarind Avenue
Los Angeles, California 90028
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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cosmetic updates to meet modern standards, aligning with the 'Fair' category where major components are functional but outdated, and minor to moderate updates are needed.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Hollywood Location
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.
- Significant Value-Add Opportunity
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.
- Income-Generating Multi-Unit Asset
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.
CONSRISKS & DEFICIENCIES
- Dated Interiors Requiring Renovation
The interiors are noted as 'slightly dated,' necessitating a cosmetic refresh to meet current market expectations and achieve premium rental rates.
- Upfront Capital Investment Required
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.
- Age of Building (1964 Construction)
Built in 1964, the property may have older systems and infrastructure that could require maintenance or upgrades beyond cosmetic, potentially leading to unforeseen expenses.
About 1458 Tamarind Avenue
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.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1964
- Lot Size
- 6,502 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 | 1964 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Nov 11, 2025
$2,499,900
$2,699,999
-7% Price Drop
Initial Listing
Price Change
Nov 8, 2025
$2,699,999
$2,799,999
-4% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$2,799,999
$2,950,000
-5% Price Drop
Initial Listing
Price Change
Aug 13, 2025
$2,950,000
Initial Listing
Price Change
Jun 4, 2025
$3,499,999
Initial Listing