1147 S Swall Drive, Los Angeles, CA 90035
$1,500,000
$1,700,000 11.8%
Est. payment /mo
1 Bed
1,835 SqFt
Sold on 08/26/2026

1147 S Swall Drive Los Angeles, CA 90035

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Grant Inaba
Grant Inaba

Agent License ID: 01905199

+1(415) 992-2330

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Key Details

Sold Price $1,500,000

Property Type Single Family Home

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 1,835 sqft

Price per Sqft $817

MLS Listing ID CL26828263

Bedrooms 1

Year Built 1950

Lot Size 7,487 Sqft

Property Sub-Type OTHER

Property Description

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.

Location

State CA

County Los Angeles

Zoning LAR2

Interior

Heating Wall Furnace

Building

New Construction No


Bridge MLS
Listed by Elliot Hassan • NorthMarq Realty Services, Inc.
Bought with ElliotHassan

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Grant Inaba

Grant Inaba

Agent License ID: 01905199

+1(415) 992-2330

Name
Phone*
Message

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1147 S Swall Drive