1732 S New England, Los Angeles, California 90006, Los Angeles, 90006 - bed, bath
ACTIVE$2,725,000
1732 S New England, Los Angeles, California 90006
0Bed
0Bath
5,579Sqft
7,934Lot
Year Built
1961
Close
-
List price
$2.73M
Original List price
$2.73M
Price/Sqft
$488
HOA
-
Days on market
-
Sold On
-
MLS number
RS25274976
Home ConditionPoor
Features
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $2.73M(50th), sqft - 5579(50th), beds - undefined(50th), baths - undefined(50th).
8 unit apartment building located downtown area near schools, stores. units are located in high rental area. Low maintenance property. ***Also selling adjacent building 1724 S New England
Nearby schools
3/10
Magnolia Avenue Elementary School
Public,•K-6•0.1mi
3/10
Leo Politi Elementary School
Public,•K-5•0.6mi
4/10
Norwood Street Elementary School
Public,•K-5•0.7mi
5/10
Vermont Avenue Elementary School
Public,•K-5•0.9mi
2/10
Tenth Street Elementary School
Public,•K-5•0.9mi
/10
Mariposa-Nabi Primary Center
Public,•K-2•1.0mi
8/10
Hoover Street Elementary School
Public,•K-5•1.0mi
3/10
Los Angeles Elementary School
Public,•K-5•1.1mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•1.2mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•1.2mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•1.3mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.4mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•1.8mi
3/10
Berendo Middle School
Public,•6-8•0.6mi
3/10
John H. Liechty Middle School
Public,•6-8•1.3mi
4/10
John Adams Middle School
Public,•6-8•1.6mi
5/10
Pio Pico Middle School
Public,•6-8•1.7mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.3mi
4/10
West Adams Preparatory High School
Public,•9-12•0.2mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.3mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.3mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.3mi
5/10
Santee Education Complex
Public,•9-12•1.7mi
3/10
Belmont Senior High School
Public,•9-12•1.9mi
5/10
Foshay Learning Center
Public,•K-12•1.9mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.1mi
Price History
Date
Event
Price
12/11/25
Listing
$2,725,000
Condition Rating
Poor
The property was built in 1961, making it over 60 years old. The visible window-mounted air conditioning units strongly indicate outdated HVAC systems. The MLS listing itself highlights the 'Age of Building' as a weakness, noting the potential for 'significant capital expenditures for renovations or repairs' due to implied outdated building systems (plumbing, electrical, HVAC). Without any interior images, particularly of kitchens and bathrooms, it is highly probable that these critical areas, along with other interior components, are significantly dated and would require substantial repairs and rehabilitation to meet current quality and comfort standards. The exterior appears maintained but reflects its age.
Pros & Cons
Pros
Multi-Unit Income Potential: The property is an 8-unit apartment building, offering diversified income streams and strong cash flow potential for investors.
High Rental Demand Area: Located in a 'high rental area' and 'downtown area near schools, stores,' indicating robust tenant demand and potential for stable occupancy rates.
Low Maintenance Property: Explicitly described as a 'Low maintenance property,' which can significantly reduce ongoing operational costs and management effort for the owner.
Strategic Urban Location: Situated in the downtown Los Angeles area (C16 - Mid Los Angeles), providing tenants with convenient access to urban amenities, employment centers, and public transportation.
Expansion Opportunity: The availability of an 'adjacent building 1724 S New England' for sale presents a unique opportunity for a buyer to expand their investment portfolio or consolidate a larger parcel for future development.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 5579, other record living area = 5639.
Age of Building: Constructed in 1961, the property is over 60 years old, which may imply outdated building systems (e.g., plumbing, electrical, HVAC) and potential for significant capital expenditures for renovations or repairs.
Lack of Detailed Unit Information: The description lacks crucial details such as current rental income, occupancy rates, individual unit conditions, or recent upgrades, making it difficult for investors to assess immediate cash flow and required investment without further due diligence.
Unclear Parking Situation: For an 8-unit building in a dense urban area like downtown Los Angeles, the absence of any mention of parking facilities (on-site or off-site) is a significant omission and potential drawback for prospective tenants.