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Sawtelle Apartment Building in Prime Location
For Sale
$2,695,000

11727 Ohio Avenue, Los Angeles, CA 90025

9-unit apartment building in a desirable West Los Angeles location.

Property Size7,697 SF
Price / SF$350.14
Days on Market480

Property Features for 11727 Ohio Avenue

General Information

Standard status Active
Size 7,697 SF

Building Details

Year Built 1961
Listing Agency: BRIGHTSTONE ESTATE PROPERTIES
Listed By: ORLANDO CRUZ
Source: Corcoran
Added: May 9, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 BRIGHTSTONE ESTATE PROPERTIES

Investment Insights

Based on property information with market context.

Located in the highly desirable Sawtelle neighborhood of West Los Angeles, this 9-unit apartment building offers convenient access to the 405 and 10 freeways, UCLA, and Santa Monica College. The gated building features 12 parking spaces, including 4 tandem spaces. Many units have been remodeled to include hardwood floors, newer appliances, and window A/C units. The property, with a size of 7697 square feet, has maintained full occupancy for nearly a decade due to high rental demand in the area, presenting significant upside potential. An existing $1.4M loan at approximately 3% APR fixed through 9/26 is assumable subject to fees and lender qualifications. The buyer is required to cooperate with the seller's 1031 exchange. Please do not disturb the occupants.

Key Highlights

  • Prime Sawtelle location in West Los Angeles with high rental demand and near UCLA/Santa Monica College.
  • Existing assumable $1.4M loan at approximately 3% APR fixed through 9/26.
  • Fully occupied 9‑unit apartment building with no vacancies in almost 10 years.

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Butcher Nursing Home Clothing & Fashion Store Food Market

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

Location Intelligence

Trade Area within ½ mile

5,378
Businesses Nearby

Demographics for 90025, CA

45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
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 - 9-unit apartment building in a desirable West Los Angeles location.
Where is this apartment building located?
The property is located at 11727 Ohio Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Prime Sawtelle location in West Los Angeles with high rental demand and near UCLA/Santa Monica College.; Existing assumable $1.4M loan at approximately 3% APR fixed through 9/26.; Fully occupied 9‑unit apartment building with no vacancies in almost 10 years.
More about this property
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