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1832 Lansdowne AvenueLos Angeles, CA 90032

For Sale

$1,049,000

Smart Buyer Rebate $10,490

We are pleased to offer for sale a 4-unit apartment community located at 1832 Lansdowne Avenue. The subject property is located north of the I-10 Freeway and south of Valley Boulevard.The property is located in a desirable pocket of Northeast LA. The building is in close proximity to Downtown LA, the Arts District, and the San Gabriel Valley. This provides residents with convenient access to employment centers, retail, and entertainment in the immediate area.Situated on a 5,390-square-foot parcel, the property is comprised of four two-bedroom units and will be delivered 50% vacant, allowing new ownership to capture immediate upside potential. In-place occupied unit rents average $1,184 approximately 111% below market and with market rents achieving $2,500/month, Lansdowne presents a compelling mark-to-market opportunity through unit turnover and interior upgrades.1832 Lansdowne Avenue offers investors a well-located asset in a desirable Northeast Los Angeles infill neighborhood. The surrounding area continues to improve, supported by ongoing gentrification and strong rental demand. These fundamentals, combined with the property's inherent value-add potential, position a new owner to benefit from both near-term enhancements and long-term appreciation.

Listed by Sean Rosenzweig

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License #01406343

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Marcus & Millichap

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213-943-1897

Last updated January 24, 2026

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Source: CRMLS #25624855

Listing Facts

  • TypeMulti-family
  • NeighborhoodUniversity Hills
  • Bedrooms8
  • Days on Prevu81
  • Size3,181 sqft
  • Price per sqft$330

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/22/2026
Price Decreased
$1,049,000
11/10/2025
Listed by Marcus & Millichap
$1,099,000

Property Details for 1832 Lansdowne Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1937

Measurements

  • Building Area Total: 3,181
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,392
  • Lot Size Square Feet: 5,392
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.9
  • Gross Income: $88,408.00

Taxes

  • Parcel Number: 5223028037

Interior

Measurements

  • Living Area: 3,181

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Parking

Parking

  • Parking Total: 2

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 8 bedrooms in this multi-family home at 1832 Lansdowne Avenue.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1832 Lansdowne Avenue.

How does 1832 Lansdowne Avenue compare to other multi-family homes in University Hills?

This multi-family home is listed 2% above the average price for multi-family homes in University Hills and has been on the market for 43 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,181 sqft.

1832 Lansdowne Avenue is a 8-bedroom multi-family home for sale in Los Angeles CA 90032. Listed on Prevu for 81 days at $1,049,000. This includes a recent price decrease of $50,000. This property features 3,181 square feet of living space, located in University Hills. The median listing price for multi-family homes in this area is $1,015,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.