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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1540 S Holt Avenue Los Angeles, CA 90035
$1,895,000 8 beds, 4 baths
3, 636 sqft
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A rare 1938 Art Deco fourplex on an oversized 7,946 SF corner lot in Pico-Robertson, moments from Beverlywood, Beverly Hills and Century City. Four 2 bed / 1 bath residences of approximately 950 SF each (per owner), each with a separate dining area. Three are remodeled with updated kitchens, updated appliances, newer flooring and permitted split-system A/C. Unit 1546 is remodeled and will be delivered vacant, so an owner-user can move right in or an investor can lease at market on day one. The architecture cannot be replicated today: softly curved corners, arched alcoves, original built-ins and restored vintage tile baths with a soaking tub and a separate stall shower. Lush, park-like grounds and long frontage on Pickford St give each residence uncommon light and privacy. Seismically retrofitted, with copper plumbing, newer water heaters, on-site laundry and two detached double garages. Reliable long-term tenancy with embedded RSO rent growth. Pro forma 4.49% cap rate and 13.3x GRM at the asking price. Value-add upside includes renovating unit 1544 on turnover and potential garage-to-ADU conversions. Zoned [Q]RD1.5-1-O within a Transit Priority Area. The adjacent 6,002 SF lot at 8585 Pickford St is available by separate sale, creating a rare 13,948 SF double lot opportunity on the same block. Walk to the restaurants, cafes and markets of Pico and Robertson Boulevards. The seller is not completing a 1031 exchange, allowing a clean, flexible close.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 26101815
List price is $1,895,000
Beds: 8
Baths: 4
None fireplaces
Built in 1938
3,636 sqft
2 stories
0.18 acres
Lot size: 0.1824
Subdivision: Tract 7385, Lot 231
County: Los Angeles
Zoning: [Q]RD1.5-1-O
Construction: Frame,Stucco
Interior features: Chair Rail,Ceiling Fan(s),Recessed Lighting
Appliances: Dishwasher,Gas Oven,Microwave,Range,Refrigerator,Dryer,Washer
Parking description: Assigned,Covered,Door-Multi,Garage,Private
Lot description: Back Yard,Front Yard,Yard
Heating description: Natural Gas,Wall Furnace
MLS area: C09 - Beverlywood Vicinity

Last Updated: 11/4/2026

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This listing belongs to the C09 - Beverlywood Vicinity MLS area

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Lat/Long: 34.049847, -118.378799.
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Listing Agent: Jonny Ahdoot
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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