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803 N Detroit Street is a beautiful 10-unit character multifamily property located just east of West Hollywood near the Fairfax District. Built in 1929, the property features a desirable unit mix of (8) 1BR/1BA units and (2) studio units and is currently 100% occupied, providing investors with stable in-place income from day one. The property is offered at an attractive basis of approximately $220,000 per unit, $290 per square foot, a 6.05% cap rate, and a 10.33 GRM. Current rents remain approximately 42% below market, presenting a compelling value-add opportunity for an investor to significantly grow income over time while owning a well-located vintage asset in one of Los Angeles' strongest rental markets. Ownership has completed several meaningful capital improvements in recent years, including the full replacement of the building's rear exterior stairs in 2024 and upgrades to the electrical main panel, breakers and subpanels to a 400-amp Siemens system in 2021, per LADBS records. The property also includes two single-car garages providing additional parking or storage. 803 N Detroit Street is ideally positioned just east of West Hollywood near Plummer Park, the Fairfax District, Pan Pacific Park and The Grove. The property is also minutes from the Sunset Strip and Melrose Avenue, providing residents convenient access to some of Los Angeles' most popular restaurants, nightlife, shopping and entertainment.
Listing agent: Jake Glaser DRE #02128816 jake@lyonstahl.com, Listing office: Lyon Stahl Investment Real Estate, Inc.
MLS data updated 10/16/2026, 9:11:09 PM PT
Source: CRMLS, MLS #: 26986595
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 10, 2026
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This home · nearest recorded event
$2,200,000Original asking price · Sep 10, 2026ZIP 90046 · Sep 2026
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No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.