1540 S Holt Ave , Los Angeles, CA 90035
$1,895,000
Est. Payment: $9,959.04/mo
8 Bed
4 Bath
3636 Sqft
0.18 Acres
Status: pending | Days on site: 22
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CLW-X8190003 - CLW-C124926
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House Description

A rare 1938 Art Deco fourplex on an oversized 7,946 SF corner lot in Pico-Robertson, moments from Beverlywood, Beverly Hills and Century City. Four 2 bed / 1 bath residences of approximately 950 SF each (per owner), each with a separate dining area. Three are remodeled with updated kitchens, updated appliances, newer flooring and permitted split-system A/C. Unit 1546 is remodeled and will be delivered vacant, so an owner-user can move right in or an investor can lease at market on day one. The architecture cannot be replicated today: softly curved corners, arched alcoves, original built-ins and restored vintage tile baths with a soaking tub and a separate stall shower. Lush, park-like grounds and long frontage on Pickford St give each residence uncommon light and privacy. Seismically retrofitted, with copper plumbing, newer water heaters, on-site laundry and two detached double garages. Reliable long-term tenancy with embedded RSO rent growth. Pro forma 4.49% cap rate and 13.3x GRM at the asking price. Value-add upside includes renovating unit 1544 on turnover and potential garage-to-ADU conversions. Zoned [Q]RD1.5-1-O within a Transit Priority Area. The adjacent 6,002 SF lot at 8585 Pickford St is available by separate sale, creating a rare 13,948 SF double lot opportunity on the same block. Walk to the restaurants, cafes and markets of Pico and Robertson Boulevards. The seller is not completing a 1031 exchange, allowing a clean, flexible close.

Highlights

Listed by Jonny Ahdoot , 310-231-5208 Realty One Group United , 310-707-0800. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1938

County

Los Angeles

Area

C09 - Beverlywood Vicinity

Neighborhood

Tract 7385, Lot 231

School District

Los Angeles Unified

Listing ID

26101815

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
Appliances:Dishwasher, Gas Oven, Microwave, Range, Refrigerator, Dryer, Washer
Floor:Tile
Other:
  • ▪ Additional:Chair Rail, Ceiling Fan(s), Recessed Lighting
Water:Public

Exterior Features

Lot:Back Yard,Front Yard,Yard,No Land Lease
Garage Capacity:4
Zoning:[Q]RD1.5-1-O
Roof:Composition,Shingle
Others:
  • ▪ Additional:Updated/Remodeled, Frame, Stucco, 2+ Total Units
Sewer:Other,Sewer Tap Paid
Parking Features:Assigned,Covered,Door-Multi,Garage,Private
Principal Interest
$9,959
Taxes
$1,208

Home Price

$1,895,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$379,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,959.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,959.04 $1,208.06 $0.00 $11,167.10
Yearly $119,508.49 $14,496.75 $0.00 $134,005.24
Total $3,585,254.69 $434,902.50 $0.00 $4,020,157.19

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T01:31:48.000Z

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