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Zoned R1.5 Triplex with Redevelopment
For Sale
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Pending

1609 Vineyard Ave, Los Angeles, CA 90019

Triplex includes two income units and a vacant 1+1.5 unit, plus a 7,499 SF R1.5 lot.

Property Size1,812 SF
Lot Size0.17 Acres
Days on Market121

Property Features for 1609 Vineyard Ave

General Information

Standard status Pending
Size 1,812 SF
Lot size 0.17 Acres
Property subtype Multifamily
Zoning R1.5

Additional Details

Multifamily Units 3
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Matt Dunfrund · License #01785161
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 3:46AM

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 Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

This Mid-City LA triplex at 1609 Vineyard Avenue features a 3+2 unit currently renting for $1,248 per month, a studio unit renting for $625 per month, and a 1+1.5 unit that is currently vacant. The property includes approximately 1,812 total rentable square feet, and sits on a large 7,499 SF lot zoned R1.5.

The R1.5 zoning is described as allowing a full redevelopment of the site with four new townhome/condo units. The property is positioned near Mid-Town Shopping Center and other retail amenities, including Lowe’s, Ross, Chase Bank, PetSmart, Starbucks, Wells Fargo, Panda Express, a nearby Ralph’s Grocer, CVS Pharmacy, and Planet Fitness, along with a new Target/Sprouts location.

Offered for sale, this configuration presents an income component through current rentals and an additional redevelopment pathway tied to the site’s R1.5 zoning.

Key Highlights

  • Mid‑City LA triplex at 1609 Vineyard Avenue (LA 90019) with two income units plus a vacant 1+1.5 unit
  • Unit mix: 3+2 currently renting for $1,248/month; studio currently renting for $625/month
  • Vacant 1+1.5 unit with approximately 1,812 total rentable SF

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Travel Agency (Bike/Boat/Book/etc) 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,378
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex includes two income units and a vacant 1+1.5 unit, plus a 7,499 SF R1.5 lot.
Where is this triplex located?
The property is located at 1609 Vineyard Ave Los Angeles, CA.
What are key features of this property?
This property features: Mid‑City LA triplex at 1609 Vineyard Avenue (LA 90019) with two income units plus a vacant 1+1.5 unit; Unit mix: 3+2 currently renting for $1,248/month; studio currently renting for $625/month; Vacant 1+1.5 unit with approximately 1,812 total rentable SF
More about this property
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