USACALos Angeles1215 Neola St
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1215 Neola St, Los Angeles, CA

House

For Sale

Listed price in listed location currency (USD).
$2,650,000

864

MLS® 26832367

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 3618 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1912
Avg. Price Per Sqft $732
MLS® Number 26832367

Property Address: 1215 Neola St, Los Angeles, CA, 90041

Average square foot calculated using Size range provided by listing agent.

Description

Pleased to present 1215 Neola Street, a well-maintained multifamily investment opportunity located in the highly desirable Eagle Rock neighborhood of Los Angeles. Situated on a 7, 000 SF R1-1 zoned lot, the property consists of approximately 3, 618 SF of improvements and is currently configured as four income-producing units featuring an attractive unit mix of two spacious 3BR/2BA units and two 1BR/1BA units. Originally constructed in 1912 with a 1923 addition, portions of the property have been updated and remodeled in recent years.The property currently generates strong in-place income with stable tenancy and presents an opportunity for continued rental growth in one of Northeast Los Angeles' most sought-after rental markets. The front residence offers flexible living arrangements with separate entrances and functional layouts that appeal to a wide tenant pool. Buyer to independently verify all unit configurations, square footage, permits, zoning, and use with the City of Los Angeles.Additional features include gated access, on-site parking, updated dual-pane windows, landscaped outdoor areas, and a combination of stucco construction with contemporary California design elements. The property also includes additional lower-level/storage areas and excess land area that may provide future potential, subject to buyer investigation and City approval.Ideally located near the Colorado Boulevard corridor, Occidental College, Glendale, Pasadena, Downtown Los Angeles, and major freeway access including the 134 and 2 Freeways, the property benefits from strong rental demand and long-term neighborhood growth trends. This is an excellent opportunity for investors seeking a stabilized asset with upside potential in a premier Northeast LA location.
MLS® Number26832367
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1912
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 11, 2026List Date
$2,650,000List Price
  • Commute

Commute

Starting Address
Destination Address
1215 Neola St, Los Angeles, CA

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