top of page

1211-1227 Tamarind Ave

1211 Tamarind Ave, Los Angeles, CA 90038, USA

FOR SALE

$5,200,000

Property Details

Listing Agent

Property Type

Multifamily

Units

32

Price Per Unit

$162,500

Price Per SF

$237.92

Cap Rate

6.85%

GRM

9.25

Eial Headshot 2_edited.jpg

Jason Tuvia

Senior Managing Director Investments

(818) 212-2735

Property Description

The Tuvia Group of Marcus and Millichap is pleased to present a thirty-two (32) unit portfolio located at 1211-1227 Tamarind Ave in Los Angeles, California. The subject property is located in a prime Hollywood location, just south of Sunset Blvd and east of Vine St.


Located in Hollywood, 1211–1227 Tamarind Avenue presents four adjacent apartment buildings offered as a portfolio for the first time in 50 years. The properties occupy over 26,000 square feet of combined land and offer approximately 30% rental upside. Completed improvements include soft-story retrofits, SB721 inspections, and new electrical subpanels in every unit. Two buildings received new roofs in 2026, while three feature solar water heating and owner-owned laundry machines. The portfolio includes 24 parking spaces, with potential to convert tuck-under parking into ADUs, subject to buyer verification. Properties may be resold individually, providing disposition flexibility. Proximity to Sunset Boulevard, Hollywood entertainment destinations, the Metro B Line, and the 101 Freeway enhances connectivity, while the combined parcels offer future redevelopment potential.


With four adjacent buildings in a prime Hollywood location, approximately 30% rental upside, and potential for ADU conversion and future redevelopment, this portfolio offers multiple avenues for value creation alongside the flexibility to resell properties individually.

Property Location

1211 Tamarind Ave, Los Angeles, CA 90038, USA

Sign up for our newsletter

Contact

Address

Social

Call

818-212-2735

Marcus & Millichap

16830 Ventura Blvd #100

Encino, CA 91346

  • LinkedIn
  • Instagram
  • YouTube
  • X

License

#01772495

Go up

bottom of page