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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

11500 Riverside Dr, Los Angeles, CA 91602

Corner-lot multifamily property with varied unit layouts, private yards, garages, and first-floor laundry.

Property Size3,622 SF
Lot Size0.10 Acres
Days on Market142

Property Features for 11500 Riverside Dr

General Information

Standard status Pending
Size 3,622 SF
Total Parking Spaces 4
Lot size 0.10 Acres
Property subtype Multifamily

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA + yard, 2 x 1BR/1BA
Multifamily Units 5

Additional Details

Highway Access Yes

Amenities

laundry

Building Details

Year Built 1955
Buildings 1
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Michael Sterman · License #CA 01911703
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:52PM

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 - Los Angeles

Investment Insights

Based on property information with market context.

Built in 1955, this 5-unit apartment building contains one two-bedroom, one-bath residence, two one-bedroom, one-bath units with yards, and two additional one-bedroom, one-bath units. The property measures 3,622 square feet on a 4,547-square-foot corner lot. Laundry facilities are located on the first floor.

Two rear garages provide 4 parking spaces and remain under owner control rather than being leased to residents. The garages may support additional garage income or conversion to at least one ADU, subject to applicable requirements. The property is set among single-family homes in North Hollywood, approximately a mile from the NoHo Arts District, with access to the 101 and 170 freeways. A certificate of compliance for the LA City soft story retrofit requirement was issued in March 2023.

Key Highlights

  • 5‑unit apartment building on a 4,547‑square‑foot corner lot
  • 3,622‑square‑foot building constructed in 1955
  • Unit mix includes one 2‑bedroom/1‑bath unit and four 1‑bedroom/1‑bath units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market Grocery & Convenience Store Daycare Center Butcher (Bike/Boat/Book/etc) Store Storage Facility

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

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,042
Businesses Nearby

Demographics for 91602, CA

19,647
Population
10,791
Households
1.8
Avg Household Size
39
Median Age
55%
College-Educated
96%
High-School Grad
2.0 sq mi
ZIP Area
9,824
Density / Sq Mi
$97,994
Median Household Income
$61,134
Median Earnings
$2,186
Median Rent
$1,104,400
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 - Corner-lot multifamily property with varied unit layouts, private yards, garages, and first-floor laundry.
Where is this apartment building located?
The property is located at 11500 Riverside Dr Los Angeles, CA.
What are key features of this property?
This property features: 5‑unit apartment building on a 4,547‑square‑foot corner lot; 3,622‑square‑foot building constructed in 1955; Unit mix includes one 2‑bedroom/1‑bath unit and four 1‑bedroom/1‑bath units
(818) 943-2319 Call to check price and availability
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