Listing Broker: Compass
Listing Agent: Matthew McPherson
DRE #01954054: 01885040
310-963-5003
Spacious units, substantial upgrades, and a standout Atwater Village location make 2910 Acresite Street an exciting opportunity to start or expand your investment portfolio. Positioned on a prominent corner lot beside an entrance to the Los Angeles Riverwalk, this five-unit property offers river views and an established rental base—with a recent retrofit and SB 721 compliance for exterior elevated elements (EEE) adding to its appeal.
The property features approximately 4,898 square feet across two buildings on a 10,082-square-foot lot. Its desirable unit mix includes four 3-bedroom, 2-bath apartments and one 2-bedroom, 1.5-bath townhouse. All five units are occupied, and residents benefit from ten assigned parking spaces, an on-site laundry room, and separately metered gas and electricity.
Significant improvements include new electrical panels in each unit, an updated main electrical panel, fresh exterior paint, and updated dual-pane windows in the front units. Two residences also feature updated kitchens, bathrooms, and flooring. Together with the recent retrofit and EEE compliance, these improvements give the next owner a strong starting point, with opportunities to further enhance the property over time.
With Riverwalk access right next door, residents can enjoy outdoor recreation just steps from home. Generously sized residences, practical amenities, and substantial completed improvements make 2910 Acresite Street a compelling investment opportunity in Atwater Village.
| Listing Id: | BB26215221 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Lot Size Acres: | 0.2315 |
| Waterfront?: | No |
| Year Built: | 1965 |
| Basement Yn: | No |
| Building Area Units: | SquareFeet |
| Common Walls: | TwoCommonWallsOrMore |
| Cooling: | WallWindowUnits |
| Electric Expense: | $4,800 |
| Entry Level: | 1 |
| Fireplace Features: | None |
| Fuel Expense: | 0.0 |
| Gross Scheduled Income: | $144,035 |
| Heating: | WallFurnace |
| Levels: | Two |
| Listing Contract Date: | 2026-10-13 |
| Lot Size Area: | 10082.0 |
| Lot Size Source: | Assessor |
| Net Operating Income: | $125,485 |
| Number Of Separate Electric Meters: | 5 |
| Number Of Separate Water Meters: | 0 |
| Number Of Units Leased: | 5 |
| Parking Features: | Assigned |
| Property Attached?: | Yes |
| Rent Control?: | Yes |
| State Or Province: | CA |
| Stories: | 2 |
| Total Actual Rent: | $12,003 |
| Water Source: | Public |
| Zoning: | LAR1 |
| Property Sub Type Additional: | MixedUse |
| Country Subdivision: | 06037 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06037:5437026001 |
| List Price: | $2,100,000 |
|---|---|
| Property Sub Type: | MixedUse |
| Lot Size Square Feet: | 10,082.0 |
| City: | Los Angeles |
| County Or Parish: | Los Angeles |
| Postal Code: | 90039 |
| Number Of Units Total: | 5 |
| Building Area Total: | 4898.0 |
| Common Interest: | None |
| Community Features: | Suburban |
| Cooling?: | Yes |
| Current Financing: | Conventional |
| Directions: | South of Glendale Blvd next to LA River |
| Elevation Units: | Feet |
| Entry Location: | 1 and 2nd |
| Garage Spaces: | 0.0 |
| Gross Income: | $1,200 |
| Heating?: | Yes |
| Insurance Expense: | $10,980 |
| Laundry Features: | CommonArea |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Exchange1031 |
| Lot Size Acres: | 0.2315 |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | 606 - Atwater |
| Number Of Buildings: | 2 |
| Number Of Separate Gas Meters: | 5 |
| Open Parking Spaces: | 10.0 |
| Operating Expense: | $18,550 |
| Original List Price: | $2,100,000 |
| Parcel Number: | 5437026001 |
| Parking Total: | 10 |
| Pool Features: | None |
| Possession: | CloseOfEscrow |
| Postal City: | LOS ANGELES |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| Stories Total: | 2 |
| Year Built Source: | Assessor |
| Current Price: | $2,100,000.00 |
| Record Signature: | -2,000,910,889 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 14, 2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
California Regional Multiple Listing Service, Inc. data last updated on October 14, 2026 12:50 AM - PT
Property Last Updated: October 14, 2026 12:50 AM - PT
