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650 S Detroit Street, Los Angeles, CA 90036

$4,000,000 Approx. USD 16 beds, 16 baths
16,290 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Michael Kamara | Michael.kamara@lyonstahl.com
Lic#: 02062158
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 310-525-5833

Agent Remarks

650 S Detroit St, a 16 unit apartment building located in the Miracle Mile, a highly desirable neighborhood in Los Angeles, California. Built in1931, the property consists of (4) studio units, (8) one-bedroom + one-bathroom units, (3) two-bedroom + one-bathroom units, (1) two-bedroom + one-and-a-half-bathroom units. The building is 16,290 gross square feet and sits on a 7,501 square foot lot.Nestled in the heart of Miracle Mile, 650 S Detroit St offers residents a central Los Angeles lifestyle surrounded by culture, dining, and entertainment. Just steps from Museum Row, including LACMA, the Petersen Automotive Museum, and the Academy Museum, this property places tenants at the intersection of art, history, and modern living.With a Walk Score of 93, residents enjoy easy access to local cafes, trendy restaurants, boutique shopping, and iconic destinations such as The Grove and the Original Farmers Market. Combining a prime Mid-Wilshire location with excellent connectivity, 650 S Detroit St delivers the ideal mix of convenience, culture, and lifestyle that keeps renters highly attracted to this sought-after neighborhood. The property currently delivers an initial CAP rate of 4.82%, with the potential to reach a 6.75% CAP rate upon unit turnover.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26864737

Price: $4,000,000

Beds: 16

Baths: 16

Built in 1931

16,290 sqft

0.17 acres

Lot size: 0.1722

County: Los Angeles

Zoning: LAR4

Parking description: None

Heating/cooling: None

Heating description: None

MLS area: C19 - Beverly Center-Miracle Mile

Last Updated: 7/27/2026

Days On Market (DOM): 4

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This listing belongs to the C19 - Beverly Center-Miracle Mile MLS area

Lat/Long: 34.063421, -118.344796.
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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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