147 N Detroit St - Apartments FOR SALE


Los Angeles, CA 90036- Hancock Park
$1,949,000 USD
818-390-4181
147 N Detroit St, Los Angeles, CA for Sale
$1,949,000 USD
Apartments - FOR SALE
1/18
null | 2.8% Cap Rate

147 N Detroit St
Los Angeles, CA 90036
Hancock Park


HIGHLIGHTS

  • Spacious, Versatile Unit Mix — Featuring two three-bedroom, two-bathroom units, one of which includes a den.
  • Enhanced Tenant Amenities — Includes fireplaces, fully equipped kitchens, in-unit laundry facilities for added convenience.
  • Secure Parking — Each unit benefits from its own private two-car garage, a highly sought-after feature in this competitive rental market.
  • Prime Location Between Hancock Park and Fairfax — Located minutes from major medical, Schools, and retail corridors.

OVERVIEW

We are pleased to present the exclusive offering of 147–149 North Detroit Street, a charming 1935 duplex located between Hancock Park and Fairfax. The property spans approximately 5,004 square feet and sits on a 6,600 square foot lot. This well-appointed duplex offers an ideal unit mix of two three-bedroom, two-bathroom residences—one enhanced with a versatile den. Each unit boasts a spacious, thoughtfully designed layout, making them equally attractive for long-term tenants or an owner-occupant. Interior features include fireplaces, full kitchens, and in-unit laundry, delivering modern convenience for residents. Hardwood flooring brings both charm and resilience, combining style with easy maintenance. Each unit also benefits from private, two-car garage parking—an increasingly valuable amenity in the area. Positioned on a quiet, tree-lined street, 147–149 N Detroit is centrally located with convenient access to nearby destinations such as The Grove, the Fairfax District, and the Melrose Avenue retail corridor. The property is also situated near top-rated public schools, including Third Street Elementary and John Burroughs Middle School, as well as major medical centers such as Cedars-Sinai Medical Center, Olympia Medical Center, and Kaiser Permanente Los Angeles. The property presents a compelling opportunity for investors seeking income stability in a supply-constrained rental market, or for buyers pursuing long-term appreciation in one of Los Angeles’ most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$1,949,000 USD

PRICE/SF

$389 USD /SF

# OF UNITS

2

PRICE/UNIT

$974,500

CAP RATE

2.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

Lar2

APN/PARCEL ID

5513-001-031

ASK ABOUT THIS PROPERTY

Eli AppelMarcus & MillichapMore Info
818-390-4181

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Eli AppelMarcus & MillichapMore Info
818-390-4181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.