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

1525 Ricardo, Los Angeles, CA 90033

Los Angeles, CA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market3
Rey
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Property Features for 1525 Ricardo

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 23
Bathrooms 23
Full bathrooms 23
Rooms Bedroom 17, Bathroom 7, Bathroom 23, Bathroom 1, Bathroom 4, Bedroom 9, Bedroom 10, Bedroom 21, Bathroom 3, Bedroom 13, Bedroom 12, Bathroom 21, Bathroom 2, Bedroom 11, Bedroom 2, Bathroom 20, Bedroom 5, Bathroom 5, Bedroom 3, Bedroom 20, Bedroom 18, Kitchen, Bathroom 14, Bathroom 18, Bathroom 6, Bedroom 1, Laundry Room, Bathroom 15, Bathroom 16, Bedroom 23, Bathroom 11, Bathroom 12, Bathroom 19, Bathroom 17, Bedroom 6, Bedroom 7, Bathroom 22, Bedroom 4, Bedroom 22, Bedroom 16, Bedroom 14, Bathroom 8, Bedroom 15, Bedroom 19, Bathroom 13, Bathroom 9, Bedroom 8, Bathroom 10
Parking 8
Parking features Garage, Driveway
Window features Double Pane Windows, Screens
Interior features Balcony, Quartz Counters, 2 Staircases, Recessed Lighting, Open Floorplan
Appliances Disposal, Microwave, Refrigerator, Tankless Water Heater, Dishwasher, Gas & Electric Range
Lot features 0-1 Unit/ Acre
Directions Between Norfolk Sr. & Alcazar St / Cross St with N. Soto
Subdivision BOYH - Boyle Heights
Standard status Active
APN 5202015016
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2024
Floors in Building 3
Number of units 5
Flooring type Laminate, Tile
Roof type Shingle
Architectural style Contemporary
Listing Agency: Century 21 A Better Service · Century 21 Real Estate
Listed By: Chris Limon · License #01182471
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 4:06PM
MLS# DW26222652

Copyright © 2026 California Regional Multiple Listing Service, Inc. 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.

This contemporary apartment property contains five units across three stories and was built in 2024. The 0.1722-acre site includes driveway and garage parking. Interior features include balconies, quartz counters, recessed lighting, and an open floor plan; central heating and air conditioning serve the building. Appliances include a dishwasher, refrigerator, microwave, disposal, and tankless water heater.

Transit stops, Northgate Market, Lincoln Park, and Bravo Medical Magnet School are identified nearby. The property is in Los Angeles, and public water and sewer serve the site.

Key Highlights

  • Five units in a three‑story apartment building
  • Built in 2024 on a 0.1722‑acre lot
  • Balconies, quartz counters, recessed lighting, and open floor plan

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 - A recently constructed, three-story property offers five units and features balconies, central air conditioning, and on-site garage parking.
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 units in a three‑story apartment building; Built in 2024 on a 0.1722‑acre lot; Balconies, quartz counters, recessed lighting, and open floor plan
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