About 1150 Masselin Avenue
1150 Masselin Ave is a 10 unit building near Miracle Mile in Los Angeles. Offers Assumable Financing at 3.15% Interest Only until 2031! The spacious 1 & 2 bedroom units average to about 877 SF each. 4 out of the 10 units have been renovated, while also offering over 54% rental upside! Brand New Roof Put in 2024. Potential ADU opportunity via SB 1211 (Buyer to Verify). The building is separately metered for gas and electric and has a new 100G water heater. 1150 Masselin has 7 total parking spaces and features a Large 9,295 SF Corner Lot Zoned LAR3.
Features of 1150 Masselin Avenue
| MLS® # | 25523913 |
|---|---|
| Price | $2,895,000 |
| Sold Price | $2,826,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Square Footage | 8,768 |
| Lot Sqft | 9,295 |
| Acres | 0.21 |
| Year Built | 1948 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 10 |
Community Information
| Address | 1150 Masselin Avenue |
|---|---|
| Area | C19 - Beverly Center-Miracle Mile |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90019 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Parking | Covered, Driveway |
| Garages | Covered, Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Has Basement | No |
| Fireplace | No |
| Stories | Two |
Additional Information
| Date Listed | April 10th, 2025 |
|---|---|
| Date Sold | October 17th, 2025 |
| Days on Market | 119 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jordan Asheghian |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |