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12-Unit Apartment Building
New
For Sale
$2,300,000

14827 33 Blythe St, Los Angeles, CA 91402

Two gated six-unit buildings share a driveway and rear carports.

Property Size8,308 SF
Lot Size0.33 Acres
Price / SF$276.84
Days on Market2

Property Features for 14827 33 Blythe St

General Information

Standard status Active
Size 8,308 SF
Total Parking Spaces 12
Lot size 0.33 Acres
Property subtype Investment
Zoning LAR3

Site & Location

Neighborhood Panorama City
Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 8 x 1BR/1BA (650 sf), 4 x 2BR/1BA (800 sf)
Multifamily Units 12

Additional Details

Gross Income $204,924
Tenant in Place Yes

Amenities

gated entry
on-site laundry

Building Details

Building Size 8,308 SF
Year Built 1956
Buildings 2
Units 12
Listing Agency: Pasadena Market Center, Inc.
Listed By: Casey Picard · License #CA 01921866
Source: Elliman
Added: Nov 1 Last Checked: Nov 1 at 3:55PM

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 Pasadena Market Center, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 12-unit apartment property comprises two buildings constructed in 1956, with 8,308 square feet of building area on 14,375 square feet of land. The unit mix includes eight one-bedroom, one-bathroom apartments of 650 square feet each and four two-bedroom, one-bathroom apartments of 800 square feet each. A gated entrance opens to a shared driveway, with 12 parking spaces and carports at the rear. Each building occupies a separate parcel. On-site features include two laundry rooms; electrical panels have been updated, and the SB721 report is complete. Residents pay gas and electricity, while ownership covers water, sewer, and trash.

The property is on Blythe Street between Willis Avenue and Cedros Avenue in Panorama City. The Van Nuys Boulevard retail corridor and Panorama Mall are a short walk away. Kaiser Permanente is about a mile north, Mission Community Hospital is roughly half a mile west, and SR-170 and I-405 are each about two miles away. The Metro G Line station at Van Nuys is approximately three miles south.

Key Highlights

  • 12 apartments across two buildings, totaling 8,308 square feet
  • 14,375‑square‑foot lot across two parcels
  • Unit mix: eight 650‑square‑foot one‑bedroom units and four 800‑square‑foot two‑bedroom units

Property Analytics

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Lease Details

12
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,497
Businesses Nearby

Demographics for 91402, CA

70,140
Population
20,570
Households
3.4
Avg Household Size
35
Median Age
19%
College-Educated
67%
High-School Grad
3.7 sq mi
ZIP Area
18,957
Density / Sq Mi
$56,369
Median Household Income
$31,452
Median Earnings
$1,607
Median Rent
$586,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two gated six-unit buildings share a driveway and rear carports.
Where is this apartment building located?
The property is located at 14827 33 Blythe St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 12 apartments across two buildings, totaling 8,308 square feet; 14,375‑square‑foot lot across two parcels; Unit mix: eight 650‑square‑foot one‑bedroom units and four 800‑square‑foot two‑bedroom units
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