Property Detail

1150 Masselin

Los Angeles CA 90019

$2,895,000

Status: Active

Property Details

Description

1150 Masselin Ave is a 10 unit building near Miracle Mile in Los Angeles. Offers Assumable Financing at 3.15% Interest Only until 2031! The spacious 1 & 2 bedroom units average to about 877 SF each. 4 out of the 10 units have been renovated, while also offering over 54% rental upside! Brand New Roof Put in 2024. Potential ADU opportunity via SB 1211 (Buyer to Verify). The building is separately metered for gas and electric and has a new 100G water heater. 1150 Masselin has 7 total parking spaces and features a Large 9,295 SF Corner Lot Zoned LAR3.

Map Location

Listing provided courtesy of Jordan Asheghian of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-07-17 08:11:15.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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