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20-Unit Apartment Building
For Sale
$3,750,000

6705 De Longpre Ave, Los Angeles, CA 90028

For sale 20-unit multifamily apartment building at 6705 De Longpre Ave.

Property Size9,056 SF
Days on Market44

Property Features for 6705 De Longpre Ave

General Information

Standard status Active
Size 9,056 SF
Property subtype Multifamily

Additional Details

Cap Rate 5.45%
Multifamily Units 20

Amenities

Offered at $3.75 million ($187,500/unit), the 20-unit studio community presents an attractive basis in one of Los Angeles' most established multifamily submarkets.
Highly walkable to both iconic Sunset Boulevard and Hollywood Boulevard, providing tenants with immediate access to nearby coffee shops, dining, and shopping.
Ownership has completed key upgrades, including new electrical panels and new community laundry machines, helping reduce future capital expenditures.

Building Details

Building Size 9,056 SF
Units 20
Tenancy Multi
Listing Agency: Los Angeles Office
Listed By: Ian Habbestad · License #License(s): CA: 02240957
Source: Marcusmillichap
Added: Jul 23 Changed: Sep 3 Last Checked: Sep 2 at 1:17PM

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 Los Angeles Office

Investment Insights

Based on property information with market context.

This offering presents a 20-unit multifamily apartment building located at 6705 De Longpre Ave. The property is being marketed as a residential income investment in the Hollywood submarket.

The asset is offered for sale in Los Angeles, CA 90028. Additional deal terms and property specifics are not provided in the available information.

Key Highlights

  • 20‑unit multifamily apartment building for sale at 6705 De Longpre Ave in the Hollywood submarket of Los Angeles, CA 90028
  • Listed at 5.45%

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Mobile Phone Store 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

20
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,601
Businesses Nearby

Demographics for 90028, CA

32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value

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 - For sale 20-unit multifamily apartment building at 6705 De Longpre Ave.
Where is this apartment building located?
The property is located at 6705 De Longpre Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 20‑unit multifamily apartment building for sale at 6705 De Longpre Ave in the Hollywood submarket of Los Angeles, CA 90028; Listed at 5.45%
More about this property
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