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1633 N Laurel Avenue Los Angeles, CA 90046
$9,650,000 42 beds, 32 baths
29, 283 sqft
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Photo of Ed Solorzano

Ed Solorzano REALTORĀ® - Sales Associate 310-990-6252 m
310-777-2863 o
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com
Text Me
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Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com
Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295
Beverly Hills 131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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Fax: 310-858-1295
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Agent Remarks

We are pleased to present 1633 N Laurel Avenue, a 30-unit multifamily investment opportunity located in one of Los Angeles' most supply-constrained and consistently high-demand rental markets. Positioned just south of Hollywood Boulevard between Laurel Canyon and Crescent Heights, the property benefits from immediate access to premier lifestyle amenities, major employment centers, and some of the city's most desirable residential neighborhoods. The asset features a well-balanced unit mix of twenty one-bedroom units, eight two-bedroom units, and two three-bedroom units, totaling approximately 29,283 square feet on a 32,692 SF lot, with one parking space per unit and a landscaped courtyard-style layout that enhances tenant appeal and livability. The property has undergone extensive capital improvements, including a new roof, upgraded electrical and plumbing systems, individual unit furnaces, improved common areas, and enhanced security infrastructure, providing operational stability and minimizing near-term capital expenditure requirements. Offered at $9,650,000, the investment generates a current 5.02% cap rate with a path to 6.09% at market rents, representing approximately 16% upside through the mark-to-market of remaining below-market units. The offering equates to approximately $321,667 per legal unit and $329 per square foot, with a current GIM of 12.08 and a market GIM of 10.40. Supported by limited new supply, strong renter demand, and favorable demographics, 1633 N Laurel Avenue represents a stabilized, well-maintained 30-unit asset with meaningful upside in one of Southern California's most desirable rental corridors.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26833213
List price is $9,650,000
Beds: 42
Baths: 32
Built in 1953
29,283 sqft
2 stories
0.75 acres
Lot size: 0.7505
County: Los Angeles
Zoning: LAR3
Parking description: Carport
Heating/cooling: None
Heating description: None
MLS area: C03 - Sunset Strip - Hollywood Hills West

Last Updated: 5/20/2026

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This listing belongs to the C03 - Sunset Strip - Hollywood Hills West MLS area

Lat/Long: 34.101009, -118.364886.
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Listing Agent: Neema Ahadian
Lic#: 01276829
Office Name: Beverly Hills

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Ed Solorzano

Ed Solorzano REALTORĀ® - Sales Associate 310-990-6252 m
310-777-2863 o
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com
Text Me
Call My Cell
Call My Office
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com

Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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