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Real Estate Listing at 2819 Leeward Avenue, Los Angeles, CA, 90005 from The Knight Group LA

2819 Leeward Avenue, Los Angeles, CA, 90005

The Knight Group LA
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$4,900,000
7 Days On Site

2819 Leeward Avenue
Los Angeles, CA 90005

For Sale|Residential Income|Active
1
Bed
0
Full Baths
0
Partial Baths
26,756
SqFt
$183
/SqFt
1924
Built
County:
Los Angeles
Call Now: 503.200.4823
Is this the home for you? We can help make it yours.
503.200.4823
2819 Leeward Avenue2819 Leeward Avenue2819 Leeward Avenue
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Monthly Payment (Est.)

$22,356
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

We are excited to present a prime investment opportunity at 2819 Leeward Ave in the vibrant Koreatown neighborhood of Los Angeles. Situated between S. Hoover St. and Vermont Ave, just one block south of Southwestern Law School, this property offers 47 units in total, including 46 single units and one one-bedroom unit. The property is offered at $104,255 per unit, equating to $183 per square foot, with an impressive 6.76% CAP rate and 7.58 GRM based on current income. Additionally, there is significant rental upside potential of 24% as units turn over. The building is separately metered for electricity and features an on-site community laundry room leased with Wash, including five washers and five dryers for added convenience. With a high Walk Score of 93, the location is ideal for residents looking for easy access to schools, employment centers, and public transit. The property is within walking distance to retail along 7th St., just one mile from the Metro D Line rail station, and steps away from several Metro local lines on 8th St. and S. Hoover St. Koreatown is one of the densest neighborhoods in Los Angeles, with a population of around 120,000. Since the early 2000s, Koreatown has seen over $1 billion in development, and the area continues to be a prime location for real estate investment due to ongoing projects and growth.

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Listing Snapshot
Price 
$4,900,000
Days On Site 
7 Days
Bedrooms 
1
Inside Area (SqFt) 
26,756 sqft
Total Baths 
47
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2077 Acres
Year Built 
1924
MLS® Number 
25517333
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 minutes agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.2077
Number Of Stories 
4
Parking 
None
Special Circumstances 
Standard
SqFt Total 
26756
Stories 
Three Or More
Zoning 
LAR4
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Community Features
MLS Area 
C17 - Mid-Wilshire
Listing courtesy of Neema Ahadian of Marcus & Millichap
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Based on information from the The MLS as of 2025-04-03 05:00 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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