1448 Stearns, Los Angeles, CA 90035

Property Description

Check Supplement for Marketing Package & Confirm info there: We are pleased to present 1448 Stearns Drive, a well-maintained 8-unit apartment building located in the highly desirable Pico-Robertson neighborhood of Los Angeles. Built in 1966, the property offers approximately 6,710 rentable square feet on a 6,449 SF LAR1-zoned lot. The unit mix consists of one studio (560 SF), four one-bedroom/one-bath units (670-740 SF), and three two-bedroom/two-bath units (900-1,040 SF), appealing to a wide range of renters in this premium Westside submarket. The building features updated interiors in select units (including new flooring in Units 5 and 8) and recently replaced wall-mounted air conditioner/heater combos (early 2025). Each of the eight units includes one dedicated, underground parking space-a rare and valuable amenity in this parking-constrained area. Seismic retrofitting has been completed in compliance with Los Angeles' soft-story ordinance, providing added investor security. Utilities are tenant-responsible for separately metered electricity and gas, while the owner covers water (included in leases) and building gas for hot water. A former laundry room space in the underground parking area offers the potential to reinstate on-site laundry facilities and generate additi