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10-Unit Apartment Building

121 S Gless St, Los Angeles, CA 90033

For Sale
New
$1,650,000

Fully occupied residential property with a nine-to-one mix of two-bedroom and one-bedroom apartments.

Property Size5,360 SF
Days on Market5

Property Features for 121 S Gless St

General Information

Standard status Active
Size 5,360 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Boyle Heights
Highway Access Yes

Units

Unit Mix 9 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 10

Additional Details

Tenant in Place Yes

Building Details

Building Size 5,360 SF
Year Built 1924
Buildings 1
Tenancy Multi
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Brandon Evans · License #02058494
Source: Milsteinestates
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 2:44PM

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1924, this 10-unit apartment property is fully occupied. The unit mix comprises nine apartments with two bedrooms and one bathroom each, plus one apartment with one bedroom and one bathroom. Three units have Section 8 tenants in place.

The property is in Boyle Heights, less than a mile from the Arts District and Downtown Los Angeles. Access to the 101, 10, and 5 freeways is noted, along with proximity to USC Keck Hospital and Cal State LA. The surrounding area includes employment centers, retail, restaurants, grocers, hospitals, high schools, and universities. The reported Walk Score is 87.

Key Highlights

  • 10 apartments: nine 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • Fully occupied; three tenants use Section 8
  • Built in 1924

Property Analytics

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Lease Details

10
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,253
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
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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 - Fully occupied residential property with a nine-to-one mix of two-bedroom and one-bedroom apartments.
Where is this apartment building located?
The property is located at 121 S Gless St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 10 apartments: nine 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; Fully occupied; three tenants use Section 8; Built in 1924
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