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5-Unit Apartment Building
New
For Sale
$2,799,000

1525 Ricardo, Los Angeles, CA 90033

Completed in 2024, the three-story property comprises two duplexes and an accessory dwelling unit.

Property Size8,654 SF
Days on Market4

Property Features for 1525 Ricardo

General Information

Standard status Active
Size 8,654 SF
Property subtype Duplex

Additional Details

Public Transit Yes
Multifamily Units 5

Building Details

Building Size 8,654 SF
Year Built 2024
Stories 3
Listing Agency: Century 21 A Better Service
Listed By: Chris Limon · License #01182471
Source: Truthrealty
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 1:42PM

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 Century 21 A Better Service

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Investment Insights

Based on property information with market context.

This 2024-built, three-story apartment property contains five units configured as two duplexes and an accessory dwelling unit. The property is located in Los Angeles, with transit access at Cal State, LA Station and a bus stop at Alcazar Street and Ricardo Street nearby.

Northgate Market, Lincoln Park, and Bravo Medical Magnet School are also identified in the surrounding area.

Key Highlights

  • Five‑unit apartment property
  • Configuration includes two duplexes and an accessory dwelling unit
  • Three‑story building completed in 2024

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Kitchen & Bath Showroom Nail Salon

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

Location Intelligence

Trade Area within ½ mile

3,604
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
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 - Completed in 2024, the three-story property comprises two duplexes and an accessory dwelling unit.
Where is this apartment building located?
The property is located at 1525 Ricardo Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,799,000.
What are key features of this property?
This property features: Five‑unit apartment property; Configuration includes two duplexes and an accessory dwelling unit; Three‑story building completed in 2024
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