803 N Detroit St, Los Angeles, CA 90046
803 N Detroit St, Los Angeles, CA 90046
803 N Detroit St, Los Angeles, CA 90046
23
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$2,200,000
Est. payment /mo
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8 Beds
10 Baths
7,583 SqFt
New

803 N Detroit St Los Angeles, CA 90046

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John Fiore

John Fiore

+1(702) 290-9053

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,583 sqft

Price per Sqft $290

MLS Listing ID 26986595

Bedrooms 8

Year Built 1929

Lot Size 7,250 Sqft

Acres 0.1664

Property Sub-Type Multi-Family

Property Description

803 N Detroit Street is a beautiful 10-unit character multifamily property located just east of West Hollywood near the Fairfax District. Built in 1929, the property features a desirable unit mix of (8) 1BR/1BA units and (2) studio units and is currently 100% occupied, providing investors with stable in-place income from day one. The property is offered at an attractive basis of approximately $220,000 per unit, $290 per square foot, a 6.05% cap rate, and a 10.33 GRM. Current rents remain approximately 42% below market, presenting a compelling value-add opportunity for an investor to significantly grow income over time while owning a well-located vintage asset in one of Los Angeles' strongest rental markets. Ownership has completed several meaningful capital improvements in recent years, including the full replacement of the building's rear exterior stairs in 2024 and upgrades to the electrical main panel, breakers and subpanels to a 400-amp Siemens system in 2021, per LADBS records. The property also includes two single-car garages providing additional parking or storage. 803 N Detroit Street is ideally positioned just east of West Hollywood near Plummer Park, the Fairfax District, Pan Pacific Park and The Grove. The property is also minutes from the Sunset Strip and Melrose Avenue, providing residents convenient access to some of Los Angeles' most popular restaurants, nightlife, shopping and entertainment.

Location

State CA

County Los Angeles

Area West Hollywood Vicinity

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Window Unit(s)

Equipment None

Laundry None

Exterior

Parking Features Garage Is Detached

Garage Spaces 2.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

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John Fiore

John Fiore

Realtor® RE.S.0190225

+1(702) 290-9053

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803 N Detroit St