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Angelino Heights Multifamily Investment Opportunity

1202 Sunset Boulevard, Los Angeles, CA 90026

For Sale
$2,700,000

12-unit apartment building on Sunset Blvd in prime location.

Property Size1,040 SF
Price / SF$2,596
Days on Market293

Property Features for 1202 Sunset Boulevard

General Information

Standard status Active
Size 1,040 SF
Property subtype Commercial

Site & Location

Neighborhood Echo Park

Amenities

Assigned Spaces
Mid Block
Wall Furnace Heating

Building Details

Year Built 1915
Listing Agency: JOY REALTY GROUP INC.
Listed By: ELIZABETH KHO · License CA #00970729
Source: Corcoran
Added: Jan 21 Changed: Aug 8 Last Checked: Aug 8 at 1:26PM

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 JOY REALTY GROUP INC.

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Investment Insights

Based on property information with market context.

This 12-unit apartment building is located in the upcoming Angelino Heights neighborhood. Situated on Sunset Boulevard, the property consists of three quadruplexes on three separate APNs. This is the first time the property has been on the market in 48 years. The property offers a chance to secure a footprint on Sunset Boulevard. The building sits on three parcels with LAC2 zoning, presenting an opportunity in a growth corridor between Downtown LA and Silverlake. The location is minutes from Elysian Park, Dodger Stadium, Echo Park, DTLA, and Crypto.com Arena. Each of the three buildings includes four units, with two upstairs and two downstairs. The units feature spacious 2-bed/1-bath floorplans of approximately 1,040 square feet, open living/dining layouts, private balconies and porches, wall heaters, washer/dryer hookups, and separately metered gas and electric. On-site parking is available. Select units have been updated with modern flooring, windows, and kitchens. All units are fully occupied, offering immediate income and upside potential. Investors have the opportunity to enhance value through renovations or explore future development possibilities. The property offers upside potential along the Sunset Blvd corridor.

Key Highlights

  • 12‑unit apartment building on Sunset Blvd in Angelino Heights.
  • Three parcels with LAC2 zoning offering development potential.
  • Rare opportunity: first time on the market in 48 years.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,846
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - 12-unit apartment building on Sunset Blvd in prime location.
Where is this apartment building located?
The property is located at 1202 Sunset Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 12‑unit apartment building on Sunset Blvd in Angelino Heights.; Three parcels with LAC2 zoning offering development potential.; Rare opportunity: first time on the market in 48 years.
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