7-Asset Apartment
For Sale
$12,999,000
2025 W 3rd Street, Los Angeles, CA 90057
Seven renovated and repositioned apartment properties offer 171 income units under single ownership.
Property SizeContact for details
Days on Market85
Property Features for 2025 W 3rd Street
General Information
Standard status
Active
Net Rentable
55,805 SF
Property subtype
Commercial/Industrial
Net Operating Income
$1,837,684
Financials
Asking Price
$27,999,000
Cap Rate
6.56%
Site & Location
Neighborhood
Boyle Heights
Additional Details
Multifamily Units
171
Building Details
Year Built
1961
Buildings
7
Listing Agency:
Altman Apartments LLC
Listed By:
Logan Altman · License #01965826
(310) 903-0222
Source:
Exitrealty
Added: Aug 3
Changed: Oct 25
Last Checked: Sep 15 at 5:31AM
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 Altman Apartments LLC
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Investment Insights
Based on property information with market context.
This multifamily portfolio combines seven apartment properties with 171 income units and 55,805 rentable SF under one ownership structure. The assets have undergone renovation and repositioning, creating a mix of stabilized properties and value-add components across the collection. Aggregate performance is reported at a 6.56% in-place yield and a 7.29% pro-forma yield.
The portfolio spans Westlake, Hollywood, Pico-Union, Historic South Central, DTLA-South Park, and Lincoln Heights in Los Angeles. Its locations are described as dense, renter-oriented submarkets with budget-focused demand. The collection includes properties identified as Royal Viking, Alvarado, 27th Street, Wilton, Pasadena, 11th Place, and Toberman.
The portfolio spans Westlake, Hollywood, Pico-Union, Historic South Central, DTLA-South Park, and Lincoln Heights in Los Angeles. Its locations are described as dense, renter-oriented submarkets with budget-focused demand. The collection includes properties identified as Royal Viking, Alvarado, 27th Street, Wilton, Pasadena, 11th Place, and Toberman.
Key Highlights
- Seven apartment assets held under single ownership
- 171 income units across the portfolio
- 55,805 rentable SF
Property Analytics
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Open Analytics
Lease Details
171
Residential units
Location Intelligence
Trade Area within ½ mile
2,381
Businesses Nearby
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Business Placement
Demographics for 90057, CA
45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Seven renovated and repositioned apartment properties offer 171 income units under single ownership.
Where is this apartment building located?
The property is located at 2025 W 3rd Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $12,999,000.
What are key features of this property?
This property features: Seven apartment assets held under single ownership; 171 income units across the portfolio; 55,805 rentable SF
