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12-Unit Apartment Building
For Sale
$4,450,000

12320 Texas Avenue, Los Angeles, CA 90025

Apartments include air conditioning and stainless steel appliances, with on-site parking for residents.

Property Size9,389 SF
Price / SF$473.96
Days on Market13

Property Features for 12320 Texas Avenue

General Information

Standard status Active
Size 9,389 SF
Property subtype Multi-family

Units

Unit Mix 10 x 1BR/1BA, 2 x 2BR/2BA
Multifamily Units 12

Additional Details

Public Transit Yes

Amenities

air conditioning
stainless steel appliances
on-site parking

Building Details

Year Built 1970
Buildings 1
Listing Agency: Miller & Desatnik Realty Co.
Listed By: Gary Fox · License #01187022
Source: Sevengables
Added: Sep 24 Changed: Oct 6 Last Checked: Oct 5 at 8:51PM

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 Miller & Desatnik Realty Co.

Investment Insights

Based on property information with market context.

This 12-unit apartment property, built in 1970, contains ten one-bedroom, one-bath apartments and two two-bedroom, two-bath apartments. Air conditioning and stainless steel appliances are provided in the residences, and parking is available on site. The unit mix includes both one- and two-bedroom layouts.

At 12320 Texas Ave in Los Angeles, the property is near the Expo/Bundy E Line station. Stoner Recreation Center is also identified as a nearby recreation option, while Santa Monica beaches, parks and coastal paths are within reach. The surrounding Westside connects with Santa Monica, Brentwood, Westwood, Century City and Culver City.

Key Highlights

  • 12 apartments: ten one‑bedroom, one‑bath units and two two‑bedroom, two‑bath units
  • Built in 1970
  • Air conditioning and stainless steel appliances in the residences

Property Analytics

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Current Use

James Dowaliby Light ... Media Distribution

Suggested Use

Top Pick Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Butcher 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

12
Residential units

Location Intelligence

Trade Area within ½ mile

5,220
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Apartments include air conditioning and stainless steel appliances, with on-site parking for residents.
Where is this apartment building located?
The property is located at 12320 Texas Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: 12 apartments: ten one‑bedroom, one‑bath units and two two‑bedroom, two‑bath units; Built in 1970; Air conditioning and stainless steel appliances in the residences
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