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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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1458 Tamarind Avenue — Los Angeles | Belmont Brokerage | Belmont Brokerage

Active

+26 more

$2,499,900

277 DOM

— bd— ba— sqft

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1458 Tamarind Ave Los Angeles, CA 90028

6,502sqft lot

Capture today's market rents!!!! Great opportunity in world famous Hollywood – 7-Unit Value-Add Opportunity Near Sunset Blvd Now available: a rare apartment building opportunity in the heart of Hollywood, just steps from Sunset Boulevard with Netflix and KTLA 5 as your neighbors. This is your chance to add a prime asset to your portfolio in one of Los Angeles' most sought-after rental markets. The property includes 7 spacious units, consisting of: • (3) Two-bedroom, two-bath units • (4) One-bedroom, one-bath units Investors can immediately reposition the building to capture current market rents. The interiors are slightly dated, but the layout and size of the units offer incredible potential — a light cosmetic refresh is all that’s needed to elevate the property and reflect the glamour of its Hollywood location. This is a true value-add opportunity in a location that continues to grow in demand and prestige.

MLS SR25125238

818-363-6116 (Office) homes@edgarmcastro.com

Est. payment

$15,974/mo

Principal & interestTaxesInsurance

$12,641$2,604$729

Down %

Rate %

Years

Down payment: $499,980 · Total cost: $5,050,688

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$15,974/mo

Principal & interest: $12,641
Est. property tax: $2,604
Est. insurance: $729
Down payment: $499,980

Est. gross rent$10,416/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-5,558/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

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Price History

Event	Date	Price	Change
Listed	Jun 4, 2025	$3,499,999	—

Facts & Features

Transaction Data

▼Price Reduced from $3,499,999 (−$1,000,099)

Structure & Property

Year Built1964

818-363-6116 (Office) homes@edgarmcastro.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1458 Tamarind Avenue, Los Angeles, CA 90028

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1458 Tamarind Ave Los Angeles, CA 90028

About this home

Edgar Castro

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Edgar Castro

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1458 Tamarind Avenue, Los Angeles, CA 90028

About This Property

Property Photos

1458 Tamarind Ave Los Angeles, CA 90028

About this home

Edgar Castro

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Edgar Castro

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.