Properties

Los Angeles, CA 90023 1034 S Herbert

1034 S Herbert Los Angeles, CA - Image 11034 S Herbert Los Angeles, CA - Image 21034 S Herbert Los Angeles, CA - Image 3
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1034 S Herbert Los Angeles, CA - Image 41034 S Herbert Los Angeles, CA - Image 51034 S Herbert Los Angeles, CA - Image 61034 S Herbert Los Angeles, CA - Image 7
Presented By: Benjamin Lin with 1000 Realty Corporation; 626-233-3678
  • MLS# AR26026771
  • 02/04/2026
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  • Baths • 1
  • SQFT • 5,616

Home Details

7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.27% CAP rate. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investorโ€™s dream: long-term tenants, below-market rents, and immediate to get cash flow and for growth & appreciation. Ample parking spaces, with a total of 16 parking spots. Due to the large lot size and abundant parking, there is potential to add ADUs. If feasible, the buyerโ€™s potential income could further increase, but the buyer must verify with the city. The property equipped with security cameras.
Presented By: Benjamin Lin with 1000 Realty Corporation; 626-233-3678

Interior Features for 1034 S Herbert

Other Interior Features

Common WallsTwoCommonWallsOrMore
Laundry FeaturesCommonArea, Inside
Total Stories2

Other Rooms

Entry Level1

General for 1034 S Herbert

Additional Parcels Y/NNo
Building Area UnitsSquareFeet
Cap Rate6.27
Carport Spaces8
Carport Y/NYes
CityLos Angeles
Community FeaturesCurbs, Gutters
ContingencyProperty taxes are based on the amount paid by the owner in 2024.
CountyLos Angeles
DirectionsWest of 710 Freeway & North of 5 Freeway, Near USC Medical Center, Cal State LA
Electric Expense960
Entry LocationFront
Fuel Expense324
Garage Spaces
Garage Y/NNo
Gross Income180913
HOANo
HOA Fee$
Insurance Expense4000
Land Lease Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet11841
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MaintenanceExpense1576
Net Operating Income138648
New ConstructionNo
Number Of Units Total7
Open Parking Spaces8
Operating Expense42265
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot143
Taxes$25,005
Trash Expense1200
Water Sewer Expense8000
Year Built1992
Year Built SourcePublicRecords

Exterior for 1034 S Herbert

Building Area Total5616
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.2718
Lot Size Area11841
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Private PoolNo
Total Parking16
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,210,000
MLS#AR26026771
List Date 02/04/2026
Property Type Single Family
Phone 888.795.6274
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