8-Unit Apartment
New
For Sale
$1,600,000
1429 Bates Ave, Los Angeles, CA 90027
MULTI_FAMILY - Los Angeles, CA
Property Size6,524 SF
Lot Size0.16 Acres
Price / SF$245.25
Days on Market5
Property Features for 1429 Bates Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD1.5
Bedrooms
13
Bathrooms
8
Full bathrooms
2
Rooms
Bathroom 8, Bathroom 7, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 10, Bedroom 2, Bathroom 4, Bedroom 6, Bathroom 1, Bathroom 6, Bedroom 7, Bedroom 1, Bedroom 12, Bedroom 4, Bedroom 8, Bedroom 9, Bedroom 13, Bedroom 5, Bedroom 3, Bedroom 11
Parking
8
Directions
Between Bates Ave & Sunset Dr.
Subdivision
Los Feliz
Standard status
Active
APN
5430-031-003
Size
6,524 SF
Lot size
0.16 Acres
Amenities
on-site laundry
Building Details
Year built
1964
Floors in Building
2
Number of units
8
Listing Agency:
Equity Union
(818) 989-2000
Listed By:
Nicole Apostolos · License #01464936
(818) 268-6854
Added: Aug 11
Changed: Aug 13
Last Checked: Aug 15 at 11:06PM
MLS# 26869417
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1964, this apartment property contains eight residences totaling approximately 6,524 SF on a 6,793 SF lot zoned LARD1.5. The unit mix includes three one-bedroom, one-bath homes and five two-bedroom, one-bath homes. Residents have access to eight on-site parking spaces and a laundry room with a new washer and dryer. Gas and electricity are separately metered.
Property improvements include a 2018 seismic retrofit, a 2025 SB 721 balcony inspection, 2024 exterior painting, and a roof replacement completed approximately seven years ago. Copper re-piping was completed in 2005, while approximately 75% of the ABS drain piping was replaced in 2025 with accessible clean-outs. The community’s 100-gallon water heater was replaced in 2021, and the laundry-room electrical sub-panel was replaced in 2025. The property is subject to Los Angeles rent control.
Located in Franklin Hills near Sunset Junction and Hollywood, the property has a Walk Score of 87 and is an 11-minute walk from the Metro Red Line Vermont/Sunset Station. Nearby destinations include Sunset Boulevard, Vermont Avenue, Kaiser Permanente Los Angeles Medical Center, Children’s Hospital Los Angeles, and Los Angeles City College.
Property improvements include a 2018 seismic retrofit, a 2025 SB 721 balcony inspection, 2024 exterior painting, and a roof replacement completed approximately seven years ago. Copper re-piping was completed in 2005, while approximately 75% of the ABS drain piping was replaced in 2025 with accessible clean-outs. The community’s 100-gallon water heater was replaced in 2021, and the laundry-room electrical sub-panel was replaced in 2025. The property is subject to Los Angeles rent control.
Located in Franklin Hills near Sunset Junction and Hollywood, the property has a Walk Score of 87 and is an 11-minute walk from the Metro Red Line Vermont/Sunset Station. Nearby destinations include Sunset Boulevard, Vermont Avenue, Kaiser Permanente Los Angeles Medical Center, Children’s Hospital Los Angeles, and Los Angeles City College.
Key Highlights
- 8‑unit apartment property with 6,524 SF of living space on a 6,793 SF LARD1.5‑zoned lot
- Unit mix includes three (3) one‑bed/one‑bath units and five (5) two‑bed/one‑bath units
- Eight (8) on‑site parking spaces plus laundry room with a new washer and dryer
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,001
Businesses Nearby
Explore this area
Business Placement
Demographics for 90027, CA
44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - One- and two-bedroom residences create a varied rental configuration with on-site laundry and parking.
Where is this apartment building located?
The property is located at 1429 Bates Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8‑unit apartment property with 6,524 SF of living space on a 6,793 SF LARD1.5‑zoned lot; Unit mix includes three (3) one‑bed/one‑bath units and five (5) two‑bed/one‑bath units; Eight (8) on‑site parking spaces plus laundry room with a new washer and dryer
