For Sale
$2,100,000

1034 S Herbert

Los Angeles, CA 90023

  • 11,841 sq ft lot
  • Built 1992

Listed by: 1000 Realty Corporation · 626-233-3678

About this home

7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.6% CAP rate. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investor’s dream: long-term tenants, below-market rents, and immediate to get cash flow and for growth & appreciation. Ample parking spaces, with a total of 16 parking spots. Due to the large lot size and abundant parking, there is potential to add ADUs. If feasible, the buyer’s potential income could further increase, but the buyer must verify with the city. The property equipped with security cameras. The seller may carry.

Home details

Interior

Laundry
Inside, Common Area

Exterior & lot

Lot size
11,841 sq ft (0.27 acres)
Lot features
6-10 Units/Acre
Pool
None
Garage spaces
0
Common walls
2+ Common Walls

Property & community

Property type
Apartment
Year built
1992
Community
Gutters, Curbs
County
Los Angeles
MLS #
AR26026771
Listed
Feb 4, 2026

Location

Listed by: 1000 Realty Corporation · 626-233-3678

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 7, 2026 3:30 am.

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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

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