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10-Unit Apartment Building

1550 El Paso DR, Los Angeles, CA 90065

For Sale
$1,495,000

The mixed-use-zoned property contains a combination of one- and two-bedroom apartments.

Property Size7,511 SF
Lot Size0.32 Acres
Price / SF$199.04
Days on Market241

Property Features for 1550 El Paso DR

General Information

Standard status Active
Size 7,511 SF
Lot size 0.32 Acres
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Glassell Park

Units

Unit Mix 4 x 1BD/1BA, 6 x 2BD/1BA
Multifamily Units 10

Additional Details

Tenant in Place Yes

Building Details

Building Size 7,511 SF
Year Built 1959
Listing Agency: BHHS California Properties
Listed By: Yennis Wong · License #01344042
Source: Chrispickettrealestate
Added: Mar 13 Changed: Nov 7 Last Checked: Nov 7 at 8:19PM

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 BHHS California Properties

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Investment Insights

Based on property information with market context.

At 1550 El Paso Drive in Los Angeles, this 10-unit apartment property offers a mix of four one-bedroom, one-bathroom units and six two-bedroom, one-bathroom units. The site exceeds 14,000 square feet and is described as mixed-use zoned. The property was built in 1959, and the supplied property size is 7,511 square feet.

The property is in Northeast Los Angeles, near the communities of Eagle Rock, Highland Park, and Glassell Park. Colorado Boulevard, York Boulevard, and Figueroa Street are identified as nearby retail and dining corridors. Occidental College is also described as a nearby neighborhood anchor.

Key Highlights

  • 10 apartments: four 1BD/1BA units and six 2BD/1BA units
  • Site area of more than 14,000 square feet
  • Property size: 7,511 square feet

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Pharmacy Grocery & Convenience Store

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

1,018
Businesses Nearby

Demographics for 90065, CA

44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

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 - The mixed-use-zoned property contains a combination of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 1550 El Paso DR Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 10 apartments: four 1BD/1BA units and six 2BD/1BA units; Site area of more than 14,000 square feet; Property size: 7,511 square feet
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