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15-Unit Apartment Building

2050 S Corning Street, Los Angeles, CA 90034

For Sale
Contact for pricing
Pending

The two-story property combines a varied residential unit mix with covered and surface parking.

Property Size6,426 SF
Lot Size0.14 Acres
Days on Market50

Property Features for 2050 S Corning Street

General Information

Standard status Pending
Size 6,426 SF
Lot size 0.14 Acres
Property subtype Multifamily
Zoning RD1.5-1

Site & Location

Neighborhood Mid-City
Highway Access Yes
Public Transit Yes

Units

Unit Mix 4 x 1BR/1BA, 10 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 15

Building Details

Year Built 1962
Buildings 1
Stories 2
Listing Agency: CBRE LA
Listed By: Jenny Eng · License CA #01931224
Source: Crexi
Added: Sep 21 Changed: Nov 6 Last Checked: Nov 8 at 9:04AM

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 CBRE LA

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Investment Insights

Based on property information with market context.

The 15-unit apartment property occupies one two-story building with approximately 6,426 square feet on a ±6,299-square-foot parcel. Its unit mix includes four one-bedroom/one-bathroom apartments, ten two-bedroom/one-bathroom apartments, and one three-bedroom/two-bathroom apartment. Covered and surface parking are available. Built in 1962, the property is zoned RD1.5-1 and is subject to the City of Los Angeles Rent Stabilization Ordinance.

The property is approximately one mile north of the Santa Monica (I-10) Freeway and three and a half miles east of the San Diego (I-405) Freeway. Retail, grocery, and dining corridors run along Pico, Robertson, and La Cienega Boulevards. Metro’s E Line at La Cienega/Jefferson provides connections to Culver City, Santa Monica, and Downtown Los Angeles. Westfield Century City and Beverly Center are a short drive north, while Downtown Culver City is south of the property.

Key Highlights

  • 15 residential units: four 1‑bedroom/1‑bathroom, ten 2‑bedroom/1‑bathroom, and one 3‑bedroom/2‑bathroom
  • Approximately 6,426 square feet in a single two‑story building
  • Situated on a ±6,299‑square‑foot parcel

Property Analytics

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Lease Details

15
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,796
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
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The two-story property combines a varied residential unit mix with covered and surface parking.
Where is this apartment building located?
The property is located at 2050 S Corning Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 15 residential units: four 1‑bedroom/1‑bathroom, ten 2‑bedroom/1‑bathroom, and one 3‑bedroom/2‑bathroom; Approximately 6,426 square feet in a single two‑story building; Situated on a ±6,299‑square‑foot parcel
(818) 907-4606 Call to check price and availability
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