Prevu by reAlpha
BuySellBlogBrowse Listings

2849 Council StreetLos Angeles, CA 90026

For Sale

$1,250,000

Smart Buyer Rebate $12,500

We are pleased to offer for sale, The Reno / Council Portfolio, a collection of five apartment homes over two properties located in the heart of Historic Filipinotown in Los Angeles, CA. 2849-2851 Council St. is a single structure comprised of 2 spacious 3bed/2bath units, approximately 1,200 square feet each. Upon the gated entry, residents drive down an approximately 100 foot long driveway to the rear of the property where they have access to 4 carport spaces. The structure was built in 1996, possibly making it exempt from the Los Angeles Rent Stabilization Ordinance (RSO/ "Rent Control"), buyer to verify. [Both units are 100% occupied and to be sold with residents - total yearly gross on current $41,064. Over 70% upside left.] The duplex could be purchased as a portfolio with 200-208 N Reno St. or offered individually at $650,000.

Listed by Matthew Maun

·

License #02156377

·

Sotheby's International Realty

·

310-975-4748

Last updated April 16, 2026

·

Source: CRMLS #26686469

Listing Facts

  • TypeMulti-family
  • NeighborhoodHistoric Filipinotown
  • Bedrooms6
  • Days on Prevu24
  • Size2,536 sqft
  • Price per sqft$493

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/08/2026
Listed by Sotheby's International Realty
$1,250,000

Property Details for 2849 Council Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Property Condition: Fixer
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1996
  • Architectural Style: Traditional
  • Common Walls: 1 Common Wall

Measurements

  • Building Area Total: 2,536
  • Lot Size Acres: 0.11
  • Lot Size Area: 4,803
  • Lot Size Square Feet: 4,803
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.03
  • Gross Income: $41,064.00

Taxes

  • Parcel Number: 5156017015

Interior

Measurements

  • Living Area: 2,536

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Detached Carport
  • Parking Total: 4

Schools

High School

  • High School District: Los Angeles Unified

Utilities

Equipment

  • Heating: Natural Gas
  • Has Heating: Yes
  • Sewer: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 6 bedrooms in this multi-family home at 2849 Council Street.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 2849 Council Street.

How does 2849 Council Street compare to other multi-family homes in Historic Filipinotown?

This multi-family home is listed 50% below the average price for multi-family homes in Historic Filipinotown and has been on the market for 65 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 2,536 sqft.

2849 Council Street is a 6-bedroom multi-family home for sale in Los Angeles CA 90026. Listed on Prevu for 24 days at $1,250,000. This home features 2,536 square feet of living space, located in Historic Filipinotown. The median listing price for multi-family homes in this area is $1,300,000. The home offers parking. Explore 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.