Listing Agency: Investment Real Estate Associates g***@marcusmillichap.com Show Phone

Listed By: Jonathan Krikorian · License #CA 01947051

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 1:10AM

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Investment Insights

Based on property information with market context.

This is a multifamily income property offered for sale. The listing indicates a 10-unit configuration.

The property is located at 1525 Hi Point St in Los Angeles, California (90035).

The offering is presented with a 3.56% CAP rate in the public remarks.

Key Highlights

• 10‑unit multifamily property marketed for sale
• 3.56% cap rate stated in the remarks

Property Analytics

Current Use

Hi Point Townhomes Apartment Building

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bar & Pub Bed & Breakfast Supermarket

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

10

Residential units

Location Intelligence

Trade Area within ½ mile

1,895

Businesses Nearby

Explore this area Business Placement

Demographics for 90035, CA

30,294

Population

13,795

Households

2.2

Avg Household Size

37

Median Age

68%

College-Educated

95%

High-School Grad

2.3 sq mi

ZIP Area

13,171

Density / Sq Mi

$108,224

Median Household Income

$67,202

Median Earnings

$2,486

Median Rent

$1,844,000

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?

Apartment building - Multifamily property with 10 units marketed for sale.

Where is this apartment building located?

The property is located at 1525 Hi Point St Los Angeles, CA.

What are key features of this property?

This property features: 10‑unit multifamily property marketed for sale; 3.56% cap rate stated in the remarks