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Five-Unit Apartment Building
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Pending

3531 Ferncroft Rd, Los Angeles, CA 90039

1964-built five-unit apartment property with a mix of one- and two-bedroom units on a 5,125 sq ft lot.

Property Size4,428 SF
Lot Size0.12 Acres
Days on Market148

Property Features for 3531 Ferncroft Rd

General Information

Standard status Pending
Size 4,428 SF
Lot size 0.12 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 5

Building Details

Year Built 1964
Tenancy Multi
Listing Agency: Kidder Matthews
Listed By: Elizabeth Clark · License #CA 01811246
Source: Crexi
Added: Apr 13 Changed: Aug 13 Last Checked: Sep 6 at 12:18AM

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 Kidder Matthews

Investment Insights

Based on property information with market context.

3531 Ferncroft Rd is a 1964 five-unit apartment building containing 4,428 rentable square feet and offering a unit mix of three 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one master 2-bedroom/2-bath unit. The property includes 5 units in total and has been held by the same owner for 30 years.

Located in an Atwater neighborhood just outside of Atwater Village, residents have access to nearby restaurants, grocery stores, parks, entertainment, and schools.

This is an owner-occupied-to-investor-type multifamily opportunity, with the buyer’s business plan described as renovating baths and updating the interior and exterior.

Key Highlights

  • 1964‑built 5‑unit apartment building on a 5,125 sq ft lot
  • 4,428 rentable square feet total
  • Unit mix: three 1BD/1BA units and one 2BD/1BA unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Florist Travel Agency (Bike/Boat/Book/etc) Store Tech Support Center Computer & Electronic Repair

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,449
Businesses Nearby

Demographics for 90039, CA

28,059
Population
13,332
Households
2.1
Avg Household Size
40
Median Age
57%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
7,794
Density / Sq Mi
$105,578
Median Household Income
$56,121
Median Earnings
$2,149
Median Rent
$1,202,000
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 - 1964-built five-unit apartment property with a mix of one- and two-bedroom units on a 5,125 sq ft lot.
Where is this apartment building located?
The property is located at 3531 Ferncroft Rd Los Angeles, CA.
What are key features of this property?
This property features: 1964‑built 5‑unit apartment building on a 5,125 sq ft lot; 4,428 rentable square feet total; Unit mix: three 1BD/1BA units and one 2BD/1BA unit
(424) 653-1820 Call to check price and availability
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