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5-Unit Apartment Building
New
For Sale
$4,195,000

1259 W 9th St, Los Angeles, CA 90021

New residences feature in-unit laundry, central HVAC, balconies, and separately metered utilities.

Property Size8,065 SF
Price / SF$520.15
Days on Market3

Property Features for 1259 W 9th St

General Information

Standard status Active
Size 8,065 SF
Total Parking Spaces 10
Property subtype Residential Income

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 3 x 4BR, 2 x 3BR
Multifamily Units 5
Parking per Unit 2

Additional Details

Asking Price $4,195,000

Amenities

private rooftop decks
balconies
central HVAC
in-unit washer/dryer
kitchen islands
Listing Agency: Myunits.com Inc.
Listed By: Cheyenne Womack · License #02064825
Source: Exprealty
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 2:25PM

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 Myunits.com Inc.

Investment Insights

Based on property information with market context.

Completed in 2026, this five-residence apartment property totals approximately 8,065 square feet. The unit mix includes three 4-bedroom homes and two 3-bedroom homes, with individual residences ranging from approximately 1,186 to 1,966 square feet. Two of the 4-bedroom, 4-bathroom residences have private rooftop decks. Balconies, kitchen islands, central HVAC, and in-unit washers and dryers are included across the property. Ten on-site parking spaces provide two spaces per residence, and utilities are separately metered.

The property is in the Miracle Mile and Mid-Wilshire area, near The Grove, LACMA, the Academy Museum, Beverly Center, Cedars-Sinai, Beverly Hills, and Hollywood. It may be delivered with leases in place or without tenants. The pro forma cap rate is 6.15%.

Key Highlights

  • Five residences totaling approximately 8,065 square feet
  • Unit mix: three 4‑bedroom and two 3‑bedroom residences
  • Two 4‑bedroom/4‑bathroom homes include private rooftop decks

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pet Grooming Service Carpet & Flooring Store Veterinary Clinic Buffet Tanning Salon Clothing & Fashion 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

5
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

11,823
Businesses Nearby

Demographics for 90021, CA

5,192
Population
1,694
Households
3.1
Avg Household Size
46
Median Age
20%
College-Educated
64%
High-School Grad
2.0 sq mi
ZIP Area
2,596
Density / Sq Mi
$32,250
Median Household Income
$35,528
Median Earnings
$984
Median Rent
$1,075,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - New residences feature in-unit laundry, central HVAC, balconies, and separately metered utilities.
Where is this apartment building located?
The property is located at 1259 W 9th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,195,000.
What are key features of this property?
This property features: Five residences totaling approximately 8,065 square feet; Unit mix: three 4‑bedroom and two 3‑bedroom residences; Two 4‑bedroom/4‑bathroom homes include private rooftop decks
More about this property
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