8-Unit Apartment
For Sale
Under Contract
$1,600,000
1429 Bates Ave, Los Angeles, CA 90027
Residential Income, Los Angeles, CA
Property Size6,524 SF
Lot Size0.16 Acres
Price / SF$245.25
Days on Market19
Property Features for 1429 Bates Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD1.5
Bedrooms
13
Bathrooms
8
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 8, Bathroom 4, Bedroom 9, Bathroom 7, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 13, Bedroom 10, Bathroom 3, Bedroom 3, Bedroom 12, Bedroom 7, Bathroom 6, Bathroom 5, Bedroom 2, Bedroom 6, Bedroom 11, Bathroom 8, Bathroom 2
Parking
8
Directions
Between Bates Ave & Sunset Dr.
Subdivision
Los Feliz
Standard status
Active Under Contract
APN
5430-031-003
Size
6,524 SF
Lot size
0.16 Acres
Amenities
on-site laundry
Building Details
Year built
1964
Floors in Building
2
Number of units
8
Listing Agency:
Equity Union
(818) 989-2000
Listed By:
Nicole Apostolos · License #01464936
(818) 268-6854
Added: Aug 11
Changed: Aug 27
Last Checked: Aug 29 at 10:06PM
MLS# 26869417
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8-unit apartment building in Los Angeles was constructed in 1964 and contains approximately 6,524 square feet of living area on a 6,793-square-foot lot. The unit mix includes three one-bedroom, one-bath residences and five two-bedroom, one-bath residences. Residents have access to eight on-site parking spaces and a laundry room with a new washer and dryer. Gas and electricity are separately metered.
Property improvements include a seismic retrofit completed in 2018, exterior painting in 2024, and a 2025 SB 721 balcony inspection. Additional work includes copper repiping completed in 2005, approximately 75% ABS drain-pipe replacement with accessible clean-outs in 2025, a community 100-gallon water-heater replacement in 2021, and a 2025 laundry-room electrical sub-panel replacement. The property is zoned LARD1.5 and is subject to rent control.
The building is in Franklin Hills, near Sunset Junction and Hollywood. Sunset Boulevard and Vermont Avenue provide access to dining, retail, entertainment, and daily services. The Metro Red Line Vermont/Sunset Station is an 11-minute walk away, with connectivity to Downtown Los Angeles, Hollywood, and Universal City. Nearby institutions include Kaiser Permanente Los Angeles Medical Center, Children's Hospital Los Angeles, and Los Angeles City College.
Property improvements include a seismic retrofit completed in 2018, exterior painting in 2024, and a 2025 SB 721 balcony inspection. Additional work includes copper repiping completed in 2005, approximately 75% ABS drain-pipe replacement with accessible clean-outs in 2025, a community 100-gallon water-heater replacement in 2021, and a 2025 laundry-room electrical sub-panel replacement. The property is zoned LARD1.5 and is subject to rent control.
The building is in Franklin Hills, near Sunset Junction and Hollywood. Sunset Boulevard and Vermont Avenue provide access to dining, retail, entertainment, and daily services. The Metro Red Line Vermont/Sunset Station is an 11-minute walk away, with connectivity to Downtown Los Angeles, Hollywood, and Universal City. Nearby institutions include Kaiser Permanente Los Angeles Medical Center, Children's Hospital Los Angeles, and Los Angeles City College.
Key Highlights
- 8‑unit apartment building with three 1‑bed/1‑bath units and five 2‑bed/1‑bath units
- Approximately 6,524 SF of living space on a 6,793 SF lot
- Eight on‑site parking spaces and laundry room with new washer and dryer
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5,628
Businesses Nearby
Explore this area
Business Placement
Demographics for 90027, CA
44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - LARD1.5-zoned apartment property with varied unit layouts, on-site parking, laundry facilities, and separately metered utilities.
Where is this apartment building located?
The property is located at 1429 Bates Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8‑unit apartment building with three 1‑bed/1‑bath units and five 2‑bed/1‑bath units; Approximately 6,524 SF of living space on a 6,793 SF lot; Eight on‑site parking spaces and laundry room with new washer and dryer
