Building Details

Building Size 9,132 SF

Year Built 1958

Tenancy Multi

Listing Agency: Lyon Stahl Investment Real Estate, Inc.

Listed By: Cameron Samimi · License #02035763 Show Phone

Source: Archetyperealty

Added: Jun 23 Changed: Sep 3 Last Checked: Sep 4 at 12:38PM

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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 Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

Key Highlights

• 12‑unit apartment building built in 1959 with 9,132 SF of improvements
• Strong unit mix: (11) 1+1 units and (1) 3+1 unit
• Located on an 8,559 SF LAR3‑zoned lot

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Butcher Tanning Salon Food Market Garden Center Restaurant

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

12

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

4,935

Businesses Nearby

Explore this area Business Placement

Demographics for 90019, CA

62,002

Population

26,203

Households

2.4

Avg Household Size

38

Median Age

39%

College-Educated

80%

High-School Grad

3.9 sq mi

ZIP Area

15,898

Density / Sq Mi

$71,395

Median Household Income

$40,316

Median Earnings

$1,782

Median Rent

$1,178,100

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

Where is this apartment building located?

The property is located at 1117 S Spaulding Los Angeles, CA.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: 12‑unit apartment building built in 1959 with 9,132 SF of improvements; Strong unit mix: (11) 1+1 units and (1) 3+1 unit; Located on an 8,559 SF LAR3‑zoned lot