1150 Masselin Avenue, Los Angeles, CA 90019
- $2,826,000
- 14
- BD
- 10
- BA
- 8,768
- SqFt
- Sold Price
- $2,826,000
- List Price
- $2,895,000
- Closing Date
- Oct 17, 2025
- Status
- CLOSED
- MLS#
- 25523913
- Year Built
- 1948
- Bedrooms
- 14
- Bathrooms
- 10
- Living Sq. Ft
- 8,768
- Lot Size
- 9,295
- Acres
- 0.21
- Days on Market
- 119
- Property Type
- Multifamily
- Stories
- Two Levels
Property 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.
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Additional Information
- Heat
- Electric
- Attached Structure
- Detached
- Number Of Units Total
- 10
Listing courtesy of Listing Agent: Jordan Asheghian (Jordan.Asheghian@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Babak Siminou from Simco Enterprises Inc
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.