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1147 S Swall Drive, Los Angeles, CA 90035

$1,700,000 Approx. USD 3 beds, 3 baths
1,835 sqft

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Photo of Jacqueline Alcaraz

Marketed By Jacqueline Alcaraz REALTOR® - Sales Associate 619-616-8550 m
626-440-5100 o
Lic#: 02204293
NRDS ID: 214014709
JacquelineAlcaraz@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120

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| ehassan@northmarq.com
Lic#: 01481211
Broker: Courtesy of NorthMarq Realty Services, Inc.
Phone: 310-488-7226

Agent Remarks

114751 South Swall Drive, a three-unit value-add multifamily opportunity located in the highly desirable Pico-Robertson neighborhood. Offered for sale for the first time in over 50+ years, the property has been family owned and operated and remains largely in classic condition, presenting a true value-add opportunity. A new owner can unlock meaningful upside through upgrades to unit interiors and exteriors to modern standards. In-place rents trail current market levels by approximately $620 per unit, representing a loss-to-lease of roughly ~27%. All units have seen minor upgrades, providing immediate potential to increase income through a thoughtful renovation program tailored to today's renter preferences. Constructed in 1950, the property sits on a 7,485 SF lot and consists of a garden-style building totaling approximately 1,835 gross SF. The unit mix includes three (3) one-bedroom, one-bathroom units. Mature landscaping and underutilized common areas provide an opportunity to enhance curb appeal and improve the tenant's experience in this quiet, residential setting. At the rear of the property is surface parking for each unit, and a large garage that has been converted to storage for a neighboring grocery store on Pico Boulevard generating significant additional income. The rear parking and storage area provide flexibility for the future owner to either keep the current use or convert to ADU (buyer to verify), offering a future path to additional income or unit count expansion.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26828263

Price: $1,700,000

Beds: 3

Baths: 3

Built in 1950

1,835 sqft

1 story

0.17 acres

Lot size: 0.1719

County: Los Angeles

Zoning: LAR2

Parking description: Detached Carport

Heating description: Wall Furnace

MLS area: C09 - Beverlywood Vicinity

Last Updated: 5/9/2026

Days On Market (DOM): 50

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This listing belongs to the C09 - Beverlywood Vicinity MLS area

Lat/Long: 34.055795, -118.386064.
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Previous Listing

Photo of Jacqueline Alcaraz

Jacqueline Alcaraz REALTOR® - Sales Associate 619-616-8550 m
626-440-5100 o
Lic#: 02204293
NRDS ID: 214014709
JacquelineAlcaraz@bhhscal.com
Pasadena Office
540 South Lake Ave
Pasadena, CA 91101