Four-Unit Apartment
For Sale
$1,049,000
1832 Lansdowne Ave, Los Angeles, CA 90032
Four two-bedroom residences in an infill Northeast Los Angeles setting near major employment, retail, and entertainment areas.
Property Size3,181 SF
Lot Size0.12 Acres
Days on Market151
Property Features for 1832 Lansdowne Ave
General Information
Standard status
Active
Size
3,181 SF
Lot size
0.12 Acres
Property subtype
Multifamily
Financials
Cap Rate
5.9%
Average Monthly Rent
$1,184
Units
Unit Mix
4 x 2BR
Multifamily Units
4
Additional Details
Highway Access
Yes
Amenities
In-place occupied unit rents average $1,184, approximately 111% below market. With market rents achieving $2,500/month, Lansdowne presents a compelling mark-to-market opportunity
Located in close proximity to Downtown LA, Arts District, Northeast LA & San Gabriel valley
The property being delivered 50% vacant, allows for an owner user to occupy a unit
New ownership has potential to add Accessory Dwelling Units (ADU) to the property allowing for added future growth and appreciation potential – Buyer to Verify
Building Details
Building Size
3,181 SF
Buildings
1
Units
4
Listing Agency:
Los Angeles Office
(213) 943-1897
Listed By:
Sean Rosenzweig · License #CA: 01406343
(213) 943-1897
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 30
Last Checked: Aug 30 at 5:46PM
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 Los Angeles Office
Investment Insights
Based on property information with market context.
This four-unit apartment property contains four two-bedroom residences on a 5,390-square-foot parcel. The asset is located in Northeast Los Angeles, north of the I-10 Freeway and south of Valley Boulevard, within an established infill residential area.
The property offers proximity to Downtown Los Angeles, the Arts District, and the San Gabriel Valley, providing access to employment centers, retail, and entertainment. All four units are currently occupied, with in-place average unit rents of $1,184 and stated market rents of $2,500 per month. The property information identifies unit turnover and interior upgrades as avenues for improving rental performance.
The property offers proximity to Downtown Los Angeles, the Arts District, and the San Gabriel Valley, providing access to employment centers, retail, and entertainment. All four units are currently occupied, with in-place average unit rents of $1,184 and stated market rents of $2,500 per month. The property information identifies unit turnover and interior upgrades as avenues for improving rental performance.
Key Highlights
- Four‑unit apartment property with four two‑bedroom residences
- Situated on a 5,390‑square‑foot parcel
- North of the I‑10 Freeway and south of Valley Boulevard
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
Explore this area
Business Placement
Demographics for 90032, CA
43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom residences in an infill Northeast Los Angeles setting near major employment, retail, and entertainment areas.
Where is this quadplex located?
The property is located at 1832 Lansdowne Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Four‑unit apartment property with four two‑bedroom residences; Situated on a 5,390‑square‑foot parcel; North of the I‑10 Freeway and south of Valley Boulevard
