1616 Pennsylvania Avenue Los Angeles, CA ^$ 1,189,000

1616 Pennsylvania Avenue

^$ 1,189,000

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1616 Pennsylvania Avenue

Los Angeles, CA, 90033

^$ 1,189,000

Studio Baths0.0 Sq 2,225

Monthly Estimate*

^$ 7,321

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,189,000. This 2,225 square foot home was built in 1900 on a lot size of 0.18.

Excellent opportunity to own a high-income triplex in a prime location near Adventist Health White Memorial Hospital, Central Korean SDA Church, and Mariachi Plaza Station. This well-situated property offers convenient access to the 101 Freeway and Downtown Los Angeles. The property features three units, including a spacious downstairs has 2 units: 3 Bed + 2 Bath, 1 Bed + 1 Bed. 1 Bed + 1 Bed upstairs with the potential to add a second bedroom within the existing floor plan, and an additional 1-bedroom unit. Ample on-site parking includes a 3-car garage with storage plus 4 additional exterior parking spaces, for a total of 7 spaces. Ideally located near major employment centers, transit, dining, and shopping, this property presents a strong opportunity for investors or owner-occupants seeking rental income. Don't miss the chance to view this ground-floor unit before it's gone.

Multi-Family Active

Price

^$ 1,189,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.18

Year Built

1900

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026662317

Features

General

Living Area 2225.0

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning LARD1.5

Year Built 1900

Levels Multi/Split

County Los Angeles

Net Operating Income 56070.0

New Construction No

Property Type C

HOA No

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area BOYH - Boyle Heights

Lot Size Units Square Feet

Lot Size Square Feet 7757.0

Standard Status Active

Interior

Kitchen Appliances Disposal

Total Stories 0

Air Conditioning Y/N Yes

Heating Y/N Yes

Total Baths 0

Exterior

Lot Size Area 7757.0

Pool Y/N? Yes

Building Area Total 2225.0

Lot Size Acres 0.18

Land Lease Type Fee

* Excluded Features

List By

Elijah Shin

Listing Agent

Dream Realty & Investments Inc

Broker

Affordability Calculator

$7,321

Per Month

Monthly Principal & Interest: $7,321
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,837,781

Percent of Sale Price 55%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/10/2026	$1,189,000		Listed Price

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1616 Pennsylvania Avenue, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $1,189,000 with 2,225 sqft and a lot size of 0.18. 1616 Pennsylvania Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 90033 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/21/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1616 Pennsylvania Avenue

Multi-Family Home for sale in Los Angeles, CA

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