714-745-2708

1182 Oak Grove Drive, Los Angeles, CA 90041

$3,600,000 Approx. USD 6 beds, 7 baths
4,827 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Alexander Scinta | alex.scinta@marcusmillichap.com
Lic#: 02161763
Broker: Courtesy of Marcus & Millichap
Phone: 424-405-3861

Agent Remarks

1182 Oak Grove Dr presents a rare opportunity to acquire a 7-unit residential compound in the heart of Eagle Rock, one of Northeast Los Angeles' most sought-after neighborhoods. Situated on an expansive 1.78-acre lot (77,537 SF), the property consists of five detached single-family homes and one duplex seven units in total. Originally built in 1909 and extensively renovated in 2025, the property features four 1-bedroom/1-bath units and three 2-bedroom/1-bath units totaling approximately 4,875 rentable square feet across six separate buildings. Five of the seven residences function as standalone homes with private entrances, creating a true single-family living experience rarely found in multifamily investments. Beyond its current income-producing performance, the property offers a compelling long-term value-add opportunity. A future owner may have the ability to pursue a subdivision or parcel split (subject to buyer verification and city approvals), creating the potential to separately sell the detached single-family homes over time. This unique exit strategy provides investors with multiple avenues to unlock significant underlying land value while maintaining rental income during the entitlement process. The opportunity is further enhanced by the strength of the surrounding housing market. The 90041 ZIP code continues to command premium home values, with median home sale prices approaching $1.4 million and sustained buyer demand for single-family residences. Few multifamily assets offer the combination of immediate cash flow, detached-home appeal, substantial land ownership, and the potential for future individual home sales that 1182 Oak Grove Dr delivers.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26907579

Price: $3,600,000

Beds: 6

Baths: 7

Built in 1909

4,827 sqft

1.78 acres

Lot size: 1.7824

County: Los Angeles

Zoning: LAR1

Parking description: None

Heating/cooling: None

Heating description: None

MLS area: 632 - Highland Park

Last Updated: 8/28/2026

Days On Market (DOM): 56

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This listing belongs to the 632 - Highland Park MLS area

Lat/Long: 34.130771, -118.192472.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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