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Ten-Unit Apartment Building
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1018 S Lorena St, Los Angeles, CA 90023

Ten units built in 1963 with a studio through two-bedroom mix and on-site surface parking.

Property SizeContact for details
Days on Market122

Property Features for 1018 S Lorena St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 10

Building Details

Year Built 1963
Tenancy Multi
Listing Agency: Marcus & Millichap - Encino
Listed By: Jason Tuvia · License #CA 01772495
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 1:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to present this ten-unit apartment building built in 1963. The property offers a unit mix of one studio/one-bath unit, four one-bedroom/one-bath units, and five two-bedroom/one-bath units, along with on-site surface parking stalls.

The building is located just north of Atlantic Street and west of Spence Street in Boyle Heights, a neighborhood with established retail along Cesar E. Chavez Boulevard and First Street that is accessible via multiple Metro Gold Line stops. Nearby amenities include Lorena Pharmacy and Vallarta Supermarkets, as well as dining options located on East Olympic Boulevard.

With its mix of studios, one-bedrooms, and two-bedrooms and dedicated on-site parking, the property provides a straightforward rental housing profile for this area.

Key Highlights

  • 10‑unit apartment building built in 1963 at 1018 South Lorena Street, Los Angeles
  • Unit mix includes 1 studio/1 bath, 4 one bedroom/1 bath units, and 5 two bedroom/1 bath units
  • On‑site surface parking stalls available for residents

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,269
Businesses Nearby

Demographics for 90023, CA

45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten units built in 1963 with a studio through two-bedroom mix and on-site surface parking.
Where is this apartment building located?
The property is located at 1018 S Lorena St Los Angeles, CA.
What are key features of this property?
This property features: 10‑unit apartment building built in 1963 at 1018 South Lorena Street, Los Angeles; Unit mix includes 1 studio/1 bath, 4 one bedroom/1 bath units, and 5 two bedroom/1 bath units; On‑site surface parking stalls available for residents
(818) 212-2700 Call to check price and availability
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