1234 S Saltair Avenue Los Angeles, CA 90025
Listing Courtesy of: CRMLS / Century 21 Peak / Surin Poommai

  1234 S Saltair Avenue Los Angeles, CA 90025

Active (45 Days)


Rare investment opportunity for investors. This property is on the market for the first time after 32 years of ownership. The well-maintained 9-unit 2-story apartment with low operation costs is situated conveniently near 405 Fwy, I-10, UCLA, and Santa Monica Beach. This apartment has two entrances from the front gate and back gate very easy to access the building. The first floor consists of 4 units, and the second floor has 5 units with separate gas and power meters for each unit. The property is on an easy-to-access street; each unit provides a 2-car parking garage with private storage to keep personal belongings, and a community laundry room on the first floor. Also, this property has an extra bathroom and storage room for the owner to use when on duty.

The 9-unit apartment consists of 2 units with 2 beds and 2 baths for each unit, 7 units have 1 bed and 1 bath for each unit. The total gross income per month is $17,443, the gross income per year is $209,316, and the laundry income is $ 2,700 per year. The monthly expenses, including gas for the boiler and laundry, are around $117.00 Frontier Internet is $42.00, trash is $296.00, LADWP water is around $284.00, property tax yearly is $ 19257 a yearly, and the insurance is estimated at around $ 7600 more or less.

MLS #:
Lot Size
6,878 SQFT
Year Built
Los Angeles County
Bathroom Details
Interior Features
  • Unfurnished
  • Dishwasher
  • Storage
  • Bedroom on Main Level
  • Block Walls
  • Gas Oven
  • Laundry: Gas Dryer Hookup
  • Laundry: Common Area
  • Gas Range
  • Laundry: Electric Dryer Hookup
  • Electric Range
Lot Information
  • Level
  • 6-10 Units/Acre
Heating and Cooling
  • Wall Furnace
  • Natural Gas
  • Wall/Window Unit(s)
  • Carpet
  • Tile
  • Laminate
Exterior Features
  • Roof: Other
Utility Information
  • Utilities: Water Source: Public, Natural Gas Connected, Electricity Connected, Water Connected, Natural Gas Available, Sewer Available, Phone Available, Sewer Connected, Water Available, Electricity Available
  • Sewer: Public Sewer
  • Assigned
  • 2
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.