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853-855 Cleveland St
Los Angeles, CA 90012
Multifamily Property For Sale
·
6 Units
EXECUTIVE SUMMARY
Six-unit low-rise apartment in the heart of DTLA/Chinatown at 853–855 Cleveland St, Los Angeles, CA 90012. ±6,028 SF across two stories on a ±0.09 AC lot; zoned LAR4. Investment sale priced at $1,200,000 (about $200K/door). Gated entries with exterior stair access; walkable to employment hubs, transit, and civic/cultural centers. Strong urban renter demand with upside through hands-on management and improvements.
PROPERTY FACTS
| Price Per Unit | $275,378 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| No. Units | 6 | Building Size | 6,028 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1966 |
| Apartment Style | Low-Rise | Parking Ratio | 0.33/1,000 SF |
| Zoning | LAR4 | ||
| Price Per Unit | $275,378 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 6,028 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 0.33/1,000 SF |
| Zoning | LAR4 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
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