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  • 143 N Reno Street

143 N Reno Street, Los Angeles, CA 90026

$2,300,000 Approx. USD 1 beds, 2 baths
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Photo of Rachelle Levin

Rachelle Levin REALTOR® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com Text Me
Call My Cell
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Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com Laguna Beach Office
30812 South Coast Hwy
Laguna Beach, CA 92651
Phone: 949-499-5900
Fax: 949-499-1414
 Laguna Beach 30812 South Coast Hwy
Laguna Beach, CA 92651
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Fax: 949-499-1414
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Listing Agent


Han Chen
Lic#: 01749321
Broker: Courtesy of Growth Investment Group Pasade
Phone: 626-224-2495

Agent Remarks

A 16-unit bread-and-butter Value-Add Opportunity in Rampart Village neighborhood. The property has been with the same ownership for more than 25 years. It is located on a side residential street and centrally situated only several blocks south of Silver Lake area and Silver Lake Blvd. Bordering Silver Lake, Echo Park, and Koreatown area, this location provides consistently high demand for apartment units. The offering provides an attractive high CAP Rate with proforma CAP Rate close to 10%. Built in 1927, the property offers large building size totaling 9,240 SF of square footage on a sizeable 6,000 SF lot. The property is an easily maintained two-story building, with a good unit mix of four (4) x 1bed+1bath, and twelve (12) large studios. It has an unusually wide hallway area which provides a good common area atmosphere to the building. The building has been well maintained by the current owner with some notable capital improvements in recent years which include electrical panels upgrade, and a foundation strengthening recently. Each unit offers a spacious and functional layout which includes large full kitchens & bathroom (with bathtub) with a large closet space (some are walk-in closets). Some units have been somewhat updated with vinyl wood flooring, and updated kitchen. Studio units are spacious with an estimated size around 400-500 SF each (buyer to verify). Two of the studios are vacant and may be delivered vacant. The property has a basement that is being used as a shared laundry room and master water heater area. Laundry machines are leased. The property has a secu

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)
Status: ACTIVE
MLS# AR25041703
Price: $2,300,000
HOA Fee is $0.00
Beds: 1
Baths: 2
2 stories
0.14 acres
County: Los Angeles
Zoning: Assessor

Last Updated: 8/6/2025

 Days On Market (DOM): 480

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Lat/Long: 34.070768, -118.281804.
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Source: SDM. Also Available in PW25215111,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Rachelle Levin

Rachelle Levin REALTOR® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com
Laguna Beach Office
30812 South Coast Hwy
Laguna Beach, CA 92651
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