1211 Tamarind Avenue Los Angeles, CA $ 5,200,000
1211 Tamarind Avenue
$ 5,200,000
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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
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Multi-Family Home for sale in Los Angeles, CA

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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Multi-Family Active

Price

$ 5,200,000

Bedrooms

10

Full Bath

24

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1494

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26105472

Days on Market

2

Features
General
Living 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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Interior
Total Stories 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 10
Total Baths 8
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Exterior
Total Parking 0
Lot Size Area 6506
Number of Buildings 4
Building Area Total 5403
Lot Size Acres 0.1494
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* Excluded Features
List By
Jason Tuvia

Listing Agent

Marcus & Millichap

Broker

jtuvia@marcusmillichap.com

Email

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$35,915
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$35,915
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2026$5,200,000 Listed Price

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1211 Tamarind Avenue, Los Angeles, CA, 90038 is a Multi-Family Home for sale at $5,200,000 with 5,403 sqft and a lot size of 0.1494. 1211 Tamarind Avenue has 10 bedrooms, 24.0 baths, and was built in 1958. The property's zip code is 90038 which is in Los Angeles, CA