Building Details

Tenancy Multi

Listing Agency: Milano Realty b***@chime.me Show Phone

Listed By: Brian Ngoy · License #CA 01821280

Source: Crexi

Added: Apr 12 Changed: Aug 27 Last Checked: Aug 29 at 8:45PM

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Investment Insights

Based on property information with market context.

Fairly new multifamily building presented in great condition. The property includes parking for each unit, with 2 parking spaces provided per unit.

The property is located close to freeways and CSULA, supporting convenient access for residents.

As a residential income property offering multiple units, it may be well suited for investors seeking a newer, low-wear asset with established resident parking on site.

Key Highlights

• Fairly new multifamily building in great condition
• 2 parking spaces per unit
• Convenient access to freeways and CSULA

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

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

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

790

Businesses Nearby

Explore this area Business Placement

Demographics for 90063, CA

50,227

Population

14,046

Households

3.6

Avg Household Size

34

Median Age

13%

College-Educated

56%

High-School Grad

3.3 sq mi

ZIP Area

15,220

Density / Sq Mi

$71,725

Median Household Income

$33,832

Median Earnings

$1,489

Median Rent

$619,100

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Fairly new multifamily building in great condition with 2 parking spaces per unit.

Where is this multifamily property located?

The property is located at 1504 Connell PL Los Angeles, CA.

What are key features of this property?

This property features: Fairly new multifamily building in great condition; 2 parking spaces per unit; Convenient access to freeways and CSULA