218 Thorne Los Angeles, CA ^$ 2,050,000

218 Thorne

^$ 2,050,000

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218 Thorne

Los Angeles, CA, 90042

^$ 2,050,000

Studio Baths1.1 Sq 7,400

Monthly Estimate*

^$ 12,944

Listed by eXp Realty of Greater Los Angeles, Inc.

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,050,000 with 1 full bath, 1 half bath. This 7,400 square foot home was built in 1978 on a lot size of 0.432.

6 unit property on large lot with Four 2 Bedroom 1.5 Bath units & Two 3 Bedroom 2 Bath units. 3 units currently vacant with one of them being a 2 Bedroom that has been recently renovated. Additional 2 bedroom and 3 bedroom units are vacant. Property has been an apartment but has recently gotten approved with the City for use as a condo but will still have to undergo the California DRE process of condo conversion to complete the process. Potential for that is similar to next door 232 Throne which was constructed at the same time and is now 6 individual condos with separate ownership (one of which sold in 2022 for 600k) Buy this property as a traditional rental or look for the potential for condo conversion.

Multi-Family Active

Price

^$ 2,050,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.432

Year Built

1978

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26185527

Days on Market

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Roof Membrane

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1978

Tenant Pays Electricity Gas

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 238896

Community Features Curbs Suburban Urban

County Los Angeles

Net Operating Income 171140

Operating Expense 43867

Insurance Expense 9342

New Construction false

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Adjacent to 110 Freeway

City Los Angeles

Entry Location 1

Senior Community Y/N false

Number Of Units Total 6

MLS Area 632 - Highland Park

Lot Size Units Square Feet

Lot Size Square Feet 18817

Carport Spaces 12

Carport Y/N true

Number of Units Leased 3

Listing Terms Cash

Spa Features None

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 5605

Fuel Expense 1426

Trash Expense 0

Water Sewer Expense 1868

Additional Parcels Y/N false

Rent Control Y/N true

Virtual Tour https://my.matterport.com/show/?m=NpPBtkgPDUi&mls=1

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 1

Total Actual Rent 5145

Property Sub Type Additional Apartment

Taxes 25625

Cap Rate 8.3

Interior

Fireplace Features None

Total Stories 2

Common Walls 2+ Common Walls

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N false

Laundry Features Common Area

Entry Level 1

Exterior

Fencing Block Wood

Parking Features Carport Storage

Lot Features 6-10 Units/Acre

Water Source Public

Total Parking 12

Lot Size Area 18817

Number of Buildings 2

Spa false

Building Area Total 7400

Lot Size Acres 0.432

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

* Excluded Features

List By

Exp Realty Of Greater Los Angeles, Inc.

Broker

julian@manginerealestate.com

Affordability Calculator

$12,944

Per Month

Monthly Principal & Interest: $12,944
Monthly Property Taxes: --
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,842,741

Percent of Sale Price 10%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/24/2026	$2,050,000		Listed Price

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218 Thorne, Los Angeles, CA, 90042 is a Multi-Family Home for sale at $2,050,000 with 7,400 sqft and a lot size of 0.432. 218 Thorne is a studio with 1.1 baths and was built in 1978. The property's zip code is 90042 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 8/25/2026. 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.

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218 Thorne

Multi-Family Home for sale in Los Angeles, CA

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