Duplex with Multifamily Development
For Sale
$2,590,000
1818 Midvale Ave, Los Angeles, CA 90025
Existing duplex is on an LAR3-zoned lot, with city plans for a proposed 10-unit multifamily development.
Property Size2,473 SF
Days on Market55
Property Features for 1818 Midvale Ave
General Information
Standard status
Active
Size
2,473 SF
Property subtype
MULTI_FAMILY
Zoning
LAR3
Additional Details
Multifamily Units
2
Building Details
Building Size
2,473 SF
Year Built
1929
Listing Agency:
EstateX inc.
Listed By:
Andrea Querubin · License #02166171
(909) 788-4817
Source:
Weahomes
Added: Jul 20
Changed: Sep 10
Last Checked: Sep 12 at 10:03AM
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 EstateX inc.
Investment Insights
Based on property information with market context.
The property consists of an existing duplex positioned on an LAR3-zoned lot, offering potential holding income while multifamily plans are in process. The seller has noted that city plans are underway for a proposed 10-unit multifamily development.
Per the seller, the property is intended to be delivered vacant, and seller financing is available. The offering is described as being located near UCLA, Century City, Beverly Hills, and premier shopping and dining.
For developers, builders, and investors, this is a development-focused opportunity anchored by an income-producing duplex and a currently proposed 10-unit project.
Per the seller, the property is intended to be delivered vacant, and seller financing is available. The offering is described as being located near UCLA, Century City, Beverly Hills, and premier shopping and dining.
For developers, builders, and investors, this is a development-focused opportunity anchored by an income-producing duplex and a currently proposed 10-unit project.
Key Highlights
- Existing duplex on an LAR3‑zoned lot, with city plans in process for a proposed 10‑unit multifamily development
- Year built: 1929 duplex
- Property will be delivered vacant
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,892
Businesses Nearby
Explore this area
Business Placement
Demographics for 90025, CA
45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Existing duplex is on an LAR3-zoned lot, with city plans for a proposed 10-unit multifamily development.
Where is this duplex located?
The property is located at 1818 Midvale Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: Existing duplex on an LAR3‑zoned lot, with city plans in process for a proposed 10‑unit multifamily development; Year built: 1929 duplex; Property will be delivered vacant
