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Newly Constructed Apartment Building
New
For Sale
$18,000,000

1915 Park Ave, Los Angeles, CA 90026

Six residential floors contain a varied mix of studios and one- and two-bedroom residences with contemporary finishes and shared amenities.

Property Size37,830 SF
Price / SF$475.81
Days on Market6

Property Features for 1915 Park Ave

General Information

Standard status Active
Size 37,830 SF
Total Parking Spaces 30
Property subtype Multifamily

Units

Unit Mix 16 x studio, 16 x 1BR/1BA, 4 x 2BR/2BA
Multifamily Units 36

Additional Details

Highway Access Yes

Amenities

rooftop lounge with BBQs
garden-inspired setting
panoramic views
EV charging stations
bike storage lockers
smart intercom system
tenant storage
keycard entry
A 36-unit newly constructed multifamily investment opportunity completed in 2025 and located in the heart of Echo Park, one of Los Angeles' most dynamic and sought after urban neighborhoods.
The property features a well-balanced unit mix of 16 studios (avg. 421 SF), 16 one-bedroom/one-bath units(avg. 691 SF), and 4 two-bedroom/two-bath units (avg. 1,069 SF) across six residential floors.
Units are offered in stacked layouts with multiple floor plan configurations, providing tenants a variety of living options.

Building Details

Building Size 37,830 SF
Year Built 2025
Buildings 1
Stories 6
Units 36
Listing Agency: Marcus & Millichap
Listed By: Neema Ahadian · License #License(s): CA: 01346750
Source: Marcusmillichap
Added: Aug 20 Changed: Aug 24 Last Checked: Aug 23 at 8:20AM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

Completed in 2025, this six-floor apartment property contains 36 residences totaling approximately 37,830 gross square feet. The unit mix includes 16 studios averaging 421 SF, 16 one-bedroom/one-bath homes averaging 691 SF, and 4 two-bedroom/two-bath homes averaging 1,069 SF. Residences feature quartz countertops, modern appliances, laminate flooring, keycard entry, in-unit doorbells, and ventless washer/dryers. Butterfly MX provides app-based, keyless access, while individual submeters support RUBS billing.

Common-area features include a rooftop lounge with BBQs, garden-style surroundings, and views toward Echo Park Lake and Downtown Los Angeles. Parking includes 18 on-site spaces plus 12 additional spaces secured through a lease with the neighboring property. EV charging stations and bike storage lockers are also provided. The property is near Downtown LA, Silver Lake, Los Feliz, and Chinatown, with access to the 5, 2, 110, and 101 freeways.

Key Highlights

  • 36‑unit apartment property completed in 2025
  • Unit mix: 16 studios, 16 one‑bedroom/one‑bath units, and 4 two‑bedroom/two‑bath units
  • Approximately 37,830 gross square feet across six residential floors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center

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

36
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,277
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
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 - Six residential floors contain a varied mix of studios and one- and two-bedroom residences with contemporary finishes and shared amenities.
Where is this apartment building located?
The property is located at 1915 Park Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: 36‑unit apartment property completed in 2025; Unit mix: 16 studios, 16 one‑bedroom/one‑bath units, and 4 two‑bedroom/two‑bath units; Approximately 37,830 gross square feet across six residential floors
More about this property
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