1211 Tamarind Avenue
Los Angeles, CA, 90038 $ 5,200,000
Bedrooms10 Baths24.0 Sq 5,403 Monthly Estimate*
$ 35,915
Listed by Jason Tuvia, Marcus & Millichap, jtuvia@marcusmillichap.com
for $5,200,000 with 10 bedrooms and 24 full baths. This 5,403 square foot home was built in 1958 on a lot size of 0.1494.
We are pleased to present a thirty-two (32) unit portfolio located at 1211-1227 Tamarind Ave in Los Angeles, California. The subject property is located in a prime Hollywood location, just south of Sunset Blvd and east of Vine St. Located in Hollywood, 12111227 Tamarind Avenue presents four adjacent apartment buildings offered as a portfolio for the first time in 50 years. The properties occupy over 26,000 square feet of combined land and offer approximately 30% rental upside. Completed improvements include soft-story retrofits, SB721 inspections, and new electrical subpanels in every unit. Two buildings received new roofs in 2026, while three feature solar water heating and owner-owned laundry machines. The portfolio includes 24 parking spaces, with potential to convert tuck-under parking into ADUs, subject to buyer verification. Properties may be resold individually, providing disposition flexibility. Proximity to Sunset Boulevard, Hollywood entertainment destinations, the Metro B Line, and the 101 Freeway enhances connectivity, while the combined parcels offer future redevelopment potential. With four adjacent buildings in a prime Hollywood location, approximately 30% rental upside, and potential for ADU conversion and future redevelopment, this portfolio offers multiple avenues for value creation alongside the flexibility to resell properties individually. ***PLEASE NOTE: There are 4 buildings being sold as a portfolio ONLY. 1211, 1215, 1223 and 1227 Tamarind Ave, Los Angeles, CA 90038 (APNs: 5534-011-010, 5534-011-009, 5534-011-008, 5534-011-007). ***
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FeaturesGeneralLiving Area 5403
Zoning LAR3
Year Built 1958
Stories Count 2
Levels Two
Gross Income 562368
County Los Angeles
Net Operating Income 356167
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Just south of Sunset Blvd and east of Vine St
City Los Angeles
Senior Community Y/N false
Number Of Units Total 32
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 6506
Standard Status Active
Cap Rate 6.85
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InteriorTotal Stories 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 10
Total Baths 8
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ExteriorTotal Parking 0
Lot Size Area 6506
Number of Buildings 4
Building Area Total 5403
Lot Size Acres 0.1494
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* Excluded FeaturesList Byjtuvia@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $35,915
- Monthly Property Taxes
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Default based on a 30-year fixed rate of 7.375% 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 $1,916,989
Percent of Sale Price 63%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
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4827338 Elementary School
4827337 Middle School
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Pricing History| Date | Price | Price Change | Description |
|---|
| 10/30/2026 | $5,200,000 | | Listed Price |