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Under-Construction Multifamily Building
For Sale
Contact for pricing
Pending

708 New Depot St, Los Angeles, CA 90012

Six-story project proposes 33 units with Type I-A subterranean parking for 36 vehicles.

Property SizeContact for details
Days on Market120

Property Features for 708 New Depot St

General Information

Standard status Pending
Property subtype Land
Listing Agency: Colliers - Los Angeles - Woodland Hills, California
Listed By: Reza Ghobadi · License #01780045
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 9 at 1:24PM

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 Colliers - Los Angeles - Woodland Hills, California

Investment Insights

Based on property information with market context.

This is a multifamily development project currently under construction, with two levels of framing work completed and plans in place to build a six-story building containing 33 apartment units. The unit mix calls for (21) 1 bed/1 bath units and (12) 2 bed/2 bath units, with three units dedicated to extremely low income. The project includes a two-level Type I-A subterranean parking structure with capacity for 36 spaces.

The site is 9,506 square feet, with gross floor area of 27,757 square feet and net residential area of 23,090 square feet. The property is listed with LAR4 zoning and TOC Tier 3.

For more information, contact the listing agent; additional details are available upon request.

Key Highlights

  • Currently under construction: plans for a 6‑story apartment building with 33 units
  • Unit mix: 21 one bed/one bath units and 12 two bed/two bath units
  • Three units to be dedicated to extremely low income

Property Analytics

Current Use

FLO Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick Carpet & Flooring Store Tanning Salon Pet Grooming Service Butcher Electrical Service (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

3,153
Businesses Nearby

Demographics for 90012, CA

33,851
Population
16,541
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
9,403
Density / Sq Mi
$67,635
Median Household Income
$44,901
Median Earnings
$2,116
Median Rent
$686,400
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 - Six-story project proposes 33 units with Type I-A subterranean parking for 36 vehicles.
Where is this apartment building located?
The property is located at 708 New Depot St Los Angeles, CA.
What are key features of this property?
This property features: Currently under construction: plans for a 6‑story apartment building with 33 units; Unit mix: 21 one bed/one bath units and 12 two bed/two bath units; Three units to be dedicated to extremely low income
(818) 325-4142 Call to check price and availability
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