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Six-Unit Apartment Building
For Sale
$1,725,000

2016 S Bedford St, Los Angeles, CA 90034

Six-unit building with one studio and five three-bedroom units, LARD1.5 zoning, on-site laundry, and separate gas and electric meters.

Lot Size0.14 Acres
Days on Market36

Property Features for 2016 S Bedford St

General Information

Standard status Active
Total Parking Spaces 5
Lot size 0.14 Acres
Property subtype MULTI_FAMILY
Zoning LARD1.5

Units

Unit Mix 1 x studio, 5 x 3BR
Multifamily Units 6

Additional Details

Utilities to Site Yes

Amenities

on-site laundry
private storage
private balconies or patios

Building Details

Building Size 6,384 SF
Year Built 1960
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Jordan Asheghian · License #01886605
Source: Milsteinestates
Added: Jun 26 Changed: Jul 30 Last Checked: Jul 30 at 9:10AM

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, Inc.

Investment Insights

Based on property information with market context.

2016 S. Bedford St is a six-unit apartment building on a 6,299 SF LARD1.5-zoned lot, built in 1960. The unit mix includes one studio and five three-bedroom units. At close of escrow, four units will be delivered vacant.

The property offers copper plumbing, separately metered gas and electric service, on-site laundry, and private storage for each unit. Five parking spaces are included, and select units feature private balconies or patios.

Seismic retrofit work and seismic gas shut-off valves were completed in 2021. SB 721 balcony inspection has not been completed. Buyer to verify all information.

Key Highlights

  • Six units: one studio and five three‑bedroom units
  • 4 units delivered vacant at close of escrow
  • 6,299 SF lot, LARD1.5 zoning

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Barber Shop Real Estate Agency (Bike/Boat/Book/etc) Store Supermarket Nail Salon

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,026
Businesses Nearby

Demographics for 90034, CA

57,152
Population
29,262
Households
2
Avg Household Size
35
Median Age
64%
College-Educated
92%
High-School Grad
3.1 sq mi
ZIP Area
18,436
Density / Sq Mi
$103,082
Median Household Income
$62,891
Median Earnings
$2,180
Median Rent
$1,395,000
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-unit building with one studio and five three-bedroom units, LARD1.5 zoning, on-site laundry, and separate gas and electric meters.
Where is this apartment building located?
The property is located at 2016 S Bedford St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Six units: one studio and five three‑bedroom units; 4 units delivered vacant at close of escrow; 6,299 SF lot, LARD1.5 zoning
More about this property
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