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12-Unit Apartment Property
For Sale
$2,099,000

117 N St Louis St, Los Angeles, CA 90033

Three residential structures offer varied unit configurations, on-site parking, and seven remodeled units in a rent-controlled Los Angeles property.

Property Size10,233 SF
Lot Size0.34 Acres
Days on Market120

Property Features for 117 N St Louis St

General Information

Standard status Active
Size 10,233 SF
Net Rentable 10,233 SF
Total Parking Spaces 10
Lot size 0.34 Acres
Property subtype MULTI_FAMILY
Zoning LARD1.5

Units

Unit Mix 4 x studio, 4 x 1BR/1BA, 2 x 2BR/2BA, 1 x 3BR/1BA, 1 x 4BR/3BA
Multifamily Units 12

Additional Details

Highway Access Yes

Building Details

Building Size 10,233 SF
Year Built 1966
Buildings 3
Listing Agency: Equity Union
Listed By: Nicole Apostolos · License #01464936
Source: Milsteinestates
Added: May 4 Changed: Aug 30 Last Checked: Aug 30 at 9:52PM

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 Equity Union

Investment Insights

Based on property information with market context.

This 12-unit apartment property comprises three residential structures totaling approximately 10,233 SF of rentable living space. The improvements include a ten-unit apartment building constructed in 1966 and two detached single-family residences dating to 1901 and 1942. The unit mix includes four studios, four one-bedroom/one-bath units, two two-bedroom/two-bath units, plus three-bedroom/one-bath and four-bedroom/three-bath residences. Seven units have been remodeled, and the property includes ten on-site parking spaces. One unit is currently vacant.

The property occupies a 14,713 SF corner lot with LARD1.5 zoning and is subject to Los Angeles rent control. It is located in Boyle Heights near Downtown Los Angeles, USC Health Sciences Campus, LAC+USC Medical Center, and Adventist Health White Memorial Medical Center. Access to the San Bernardino Freeway, Golden State Freeway, and Pomona Freeway supports connectivity throughout the area. The property has a Walk Score of 93, with neighborhood retail, dining, and transit options nearby.

Key Highlights

  • 12‑unit property with approximately 10,233 SF of rentable living space
  • Three residential structures: a 1966 ten‑unit apartment building and detached homes built in 1901 and 1942
  • Unit mix includes 4 studios, 4 one‑bed/one‑bath, 2 two‑bed/two‑bath, 1 three‑bed/one‑bath, and 1 four‑bed/three‑bath

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Acupuncture Gym & Fitness Center Home Appliance Store

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,298
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
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 - Three residential structures offer varied unit configurations, on-site parking, and seven remodeled units in a rent-controlled Los Angeles property.
Where is this apartment building located?
The property is located at 117 N St Louis St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: 12‑unit property with approximately 10,233 SF of rentable living space; Three residential structures: a 1966 ten‑unit apartment building and detached homes built in 1901 and 1942; Unit mix includes 4 studios, 4 one‑bed/one‑bath, 2 two‑bed/two‑bath, 1 three‑bed/one‑bath, and 1 four‑bed/three‑bath
More about this property
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