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Six-Unit Apartment Building with Parking
For Sale
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1862 N Van Ness, Los Angeles, CA 90028

1921-built six-unit property includes seven parking spaces, with two vacant one-bedroom units on delivery.

Property SizeContact for details
Days on Market121

Property Features for 1862 N Van Ness

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Multifamily

Additional Details

Cap Rate 4.66%
Multifamily Units 6

Building Details

Year Built 1921
Tenancy Multi
Listing Agency: Keller Williams Rlty Los Feliz
Listed By: Brock Harris · License #CA 01328996
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 3:31AM

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 Keller Williams Rlty Los Feliz

Investment Insights

Based on property information with market context.

Built in 1921, this six-unit apartment property will be delivered with two units vacant, including two one-bedrooms. The remaining unit mix includes both one-bedroom and two-bedroom layouts with spacious interiors, and the two-bedrooms feature large private balconies. Each unit is separately metered for gas and electric, with individual water heaters. Central air and ceiling fans are provided throughout, and in-unit laundry is available in three of the units.

The building includes 3 garage spaces and four open parking spaces at the rear for a total of seven parking spaces. No soft story retrofit is required.

For additional information on the property’s income and occupancy at delivery, please contact the listing team.

Key Highlights

  • 1921‑built six‑unit multifamily at 1862 Van Ness Avenue in Hollywood, delivered with two vacant 1‑bedroom units
  • Strong current income with a stated 4.66% CAP rate and an additional 19% rental upside
  • Parking for 7 total spaces: 3 garage spaces plus 4 open spaces in the rear

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Butcher Acupuncture Veterinary Clinic Law Firm

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

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,672
Businesses Nearby

Demographics for 90028, CA

32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - 1921-built six-unit property includes seven parking spaces, with two vacant one-bedroom units on delivery.
Where is this apartment building located?
The property is located at 1862 N Van Ness Los Angeles, CA.
What are key features of this property?
This property features: 1921‑built six‑unit multifamily at 1862 Van Ness Avenue in Hollywood, delivered with two vacant 1‑bedroom units; Strong current income with a stated 4.66% CAP rate and an additional 19% rental upside; Parking for 7 total spaces: 3 garage spaces plus 4 open spaces in the rear
(213) 842-7625 Call to check price and availability
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