1147 S Swall Drive, Los Angeles, CA 90035 (MLS # 26828263)

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PRICE $1,700,000 dsIDX morgage calculator
BEDS 3
BATHS 3
HOME SIZE 1,835 sqft
LOT SIZE 7,488 sqft

114751 South Swall Drive, a three-unit value-add multifamily opportunity located in the highly desirable Pico-Robertson neighborhood. Offered for sale for the first time in over 50+ years, the property has been family owned and operated and remains largely in classic condition, presenting a true value-add opportunity. A new owner can unlock meaningful upside through upgrades to unit interiors and exteriors to modern standards. In-place rents trail current market levels by approximately $620 per unit, representing a loss-to-lease of roughly ~27%. All units have seen minor upgrades, providing immediate potential to increase income through a thoughtful renovation program tailored to today's renter preferences. Constructed in 1950, the property sits on a 7,485 SF lot and consists of a garden-style building totaling approximately 1,835 gross SF. The unit mix includes three (3) one-bedroom, one-bathroom units. Mature landscaping and underutilized common areas provide an opportunity to enhance curb appeal and improve the tenant's experience in this quiet, residential setting. At the rear of the property is surface parking for each unit, and a large garage that has been converted to storage for a neighboring grocery store on Pico Boulevard generating significant additional income. The rear parking and storage area provide flexibility for the future owner to either keep the current use or convert to ADU (buyer to verify), offering a future path to additional income or unit count expansion.

DAYS ON MARKET 1 LAST UPDATED 5/1/2026
YEAR BUILT 1950 COMMUNITY C09 - Beverlywood Vicinity
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA C09 - Beverlywood Vicinity
HEAT Wall Furnace
LOT 7488 sq ft
LOT DIMENSIONS 7487
PARKING Detached Carport
STORIES 1
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Listed with NorthMarq Realty Services, Inc.

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