650 S Detroit Street
Los Angeles, CA, 90036 $ 4,000,000
Bedrooms16 Baths16.0 Sq 16,290 Monthly Estimate*
$ 25,256
Listed by Lyon Stahl Investment Real Estate, Inc.
for $4,000,000 with 16 bedrooms and 16 full baths. This 16,290 square foot home was built in 1931 on a lot size of 0.1722.
650 S Detroit St, a 16 unit apartment building located in the Miracle Mile, a highly desirable neighborhood in Los Angeles, California. Built in1931, the property consists of (4) studio units, (8) one-bedroom + one-bathroom units, (3) two-bedroom + one-bathroom units, (1) two-bedroom + one-and-a-half-bathroom units. The building is 16,290 gross square feet and sits on a 7,501 square foot lot.Nestled in the heart of Miracle Mile, 650 S Detroit St offers residents a central Los Angeles lifestyle surrounded by culture, dining, and entertainment. Just steps from Museum Row, including LACMA, the Petersen Automotive Museum, and the Academy Museum, this property places tenants at the intersection of art, history, and modern living.With a Walk Score of 93, residents enjoy easy access to local cafes, trendy restaurants, boutique shopping, and iconic destinations such as The Grove and the Original Farmers Market. Combining a prime Mid-Wilshire location with excellent connectivity, 650 S Detroit St delivers the ideal mix of convenience, culture, and lifestyle that keeps renters highly attracted to this sought-after neighborhood. The property currently delivers an initial CAP rate of 4.82%, with the potential to reach a 6.75% CAP rate upon unit turnover.
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FeaturesGeneralLiving Area 16290
Heating None
Cooling None
Zoning LAR4
Year Built 1931
Levels Multi/Split
Gross Income 329422
County Los Angeles
Net Operating Income 192925
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North on Detroit from Wilshire
City Los Angeles
Senior Community Y/N false
Number Of Units Total 16
MLS Area C19 - Beverly Center-Miracle Mile
Lot Size Units Square Feet
Lot Size Square Feet 7503
Standard Status Active
Cap Rate 4.82
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InteriorTotal Stories 3
Air Conditioning Y/N false
Heating Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 16
Total Baths 16
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ExteriorParking Features None
Total Parking 0
Lot Size Area 7503
Number of Buildings 1
Building Area Total 16290
Lot Dimensions 60x125
Lot Size Acres 0.1722
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* Excluded FeaturesList ByLyon Stahl Investment Real Estate, Inc.Broker
Michael.kamara@lyonstahl.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $25,256
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,862,450
Percent of Sale Price 53%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/27/2026 | $4,000,000 | | Listed Price |