#SR25093860, Rana Khanjani, Listing office: Sync Brokerage
143 N Reno St Los Angeles, CA 90026
Property details
About 143 N Reno St
A 16-unit bread-and-butter Value-Add Opportunity in Rampart Village neighborhood. The property has been with the same ownership for more than 25 years. It is located on a side residential street and centrally situated only several blocks south of Silver Lake area and Silver Lake Blvd. Bordering Silver Lake, Echo Park, and Koreatown area, this location provides consistently high demand for apartment units. The offering provides an attractive high CAP Rate with proforma CAP Rate close to 10%. Built in 1927, the property offers large building size totaling ±9,240 SF of square footage on a sizeable ±6,000 SF lot. The property is an easily maintained two-story building, with a good unit mix of four (4) x 1bed+1bath, and twelve (12) large studios. It has an unusually wide hallway area which provides a good common area atmosphere to the building. The building has been well maintained by the current owner with some notable capital improvements in recent years which include electrical panels upgrade, and a foundation strengthening recently. Each unit offers a spacious and functional layout which includes large full kitchens & bathroom (with bathtub) with a large closet space (some are walk-in closets). Some units have been somewhat updated with vinyl wood flooring, and updated kitchen. Studio units are spacious with an estimated size around 400-500 SF each (buyer to verify). Two of the studios are vacant and may be delivered vacant. The property has a basement that is being used as a shared laundry room and master water heater area. Laundry machines are leased. The property has a secure entrance, is master metered for utilities and water, and has a flat roof. Centrally located in Rampart Village area and only blocks away from Silver Lake area and Silver Lake Blvd, this property is adjacent to Echo Park, Koreatown and only minutes away Downtown Los Angeles Financial District, University Park, MacArthur Park, Mid-City, Koreatown, Silver Lake, Echo Park, Central Los Angeles, Melrose Hill, East Hollywood, Historic Filipino town, and Angelino Heights.
Highlights
Summary
- Appliances: Gas Range
- Flooring Type: Carpet, Laminate, Vinyl, Wood
- Fireplace: None
- Private Pool: No
- Parking: None
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $2,300,000
- HOA Amount: $0
- Annual Tax Amount: $6,983
- Tax Year: 2024
- Lot: Level, Near Public Transit, Rectangular Lot
- Directions: from intersection of Silver Lake Blvd and Beverly Blvd, go south/east on Beverly Blvd and make left turn on Reno St
- Year Built: 1927
- Stories: 2
- Lot Size: 0.1377 Acres
- MLS Number: AR25041703
- MLS Name: CRMLS
- Office Name: Growth Investment Group Pasade
- Office Email: han.chen@growthinvestmentgroup.com
- Listing Agent: Han Chen
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 7/25/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 05, 1999 | Home Sold | $300,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $462,465 | $6,983 |
2023 | $453,425 | $6,877 |
2022 | $444,563 | $6,611 |
2021 | $435,875 | $6,479 |
2020 | $430,021 | $6,316 |
2019 | $421,590 | $6,231 |
2018 | $413,324 | $6,078 |
2017 | $405,221 | $6,078 |
History based on county public records data.
Nearby schools
6
Commonwealth Avenue Elementary School
Public District 1-5
0.3 mi
•215 S Commonwealth Ave
6
Dr. Sammy Lee Medical and Health Science Magnet
Public Magnet KG-5
0.4 mi
•3600 Council St
4
Rosemont Avenue Elementary
Public District 2-5
0.6 mi
•421 Rosemont Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,729. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 143 N Reno St
The listing price of 143 N Reno St property is $2,300,000.
The property 143 N Reno St is a condo located in Los Angeles, California, 90026.
Active Listing: 143 N Reno St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 143 N Reno St are: Commonwealth Avenue Elementary School (GreatSchools Rating 6/10), Dr. Sammy Lee Medical and Health Science Magnet (GreatSchools Rating 6/10), Rosemont Avenue Elementary (GreatSchools Rating 4/10), Vista Charter Middle School (GreatSchools Rating 3/10), Citizens of the World Charter School Silver Lake (GreatSchools Rating 5/10), Camino Nuevo Charter Academy #2 (GreatSchools Rating 3/10), New Village Girls Academy (GreatSchools Rating 4/10), Camino Nuevo High #2 (GreatSchools Rating 7/10), Central City Value (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $6,983 (source: MLS/based on county public records data).
The last sale was on February 5, 1999 for $300,000 (source: MLS/tax record).
The property at 143 N Reno St has 0 bathroom.
The year of construction for 143 N Reno St is 1927.
This home is located at 143 N Reno St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $2,300,000.
Over 282 listings were sold over their listed price in June 2025 in Los Angeles, CA. In the same period over 339 listings were sold below the listed price and 108 listings were sold for the listed price. Between May and June 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 9%. The median list price of listings available in June 2025 was $876,067, while the average time on the real estate market was 34 days.