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8-Unit Apartment Building
For Sale
$2,275,000

2109 Manitou Ave, Los Angeles, CA 90031

Mix of renovated residences with covered parking, laundry, and separately metered utilities.

Property Size2,017 SF
Days on Market149

Property Features for 2109 Manitou Ave

General Information

Standard status Active
Size 2,017 SF
Total Parking Spaces 14
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 1BR, 4 x 2BR, 2 x 3BR
Multifamily Units 8

Additional Details

Cap Rate 6.32%

Amenities

on-site laundry

Building Details

Building Size 2,017 SF
Year Built 1989
Buildings 1
Listing Agency: Marcus & Millichap
Listed By: Kian Maronde · License #01952189
Source: Milsteinestates
Added: Apr 8 Changed: Sep 1 Last Checked: Sep 2 at 9:08PM

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.

This 8-unit apartment property includes two one-bedroom, four two-bedroom, and two three-bedroom units, with one residence delivered vacant. Five units have been renovated. Gas and electricity are separately metered, and each unit has an individual water heater. On-site amenities include laundry and 14 covered, gated parking spaces at grade.

Located at 2109 Manitou Ave in Los Angeles, the property sits in Lincoln Heights south of N Broadway and west of Griffin Ave. Downtown LA, major corridors, freeways, Metro access, parks, cafes, retail, and Dodger Stadium are nearby. The building is not subject to Los Angeles City rent control.

Key Highlights

  • 8‑unit apartment building with a mix of two 1‑bedroom, four 2‑bedroom, and two 3‑bedroom units
  • One unit delivered vacant; five of the eight units have been renovated
  • 14 covered, gated on‑grade parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Tech Support Center HVAC Service Pet Grooming Service

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

8
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,664
Businesses Nearby

Demographics for 90031, CA

37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
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 - Mix of renovated residences with covered parking, laundry, and separately metered utilities.
Where is this apartment building located?
The property is located at 2109 Manitou Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: 8‑unit apartment building with a mix of two 1‑bedroom, four 2‑bedroom, and two 3‑bedroom units; One unit delivered vacant; five of the eight units have been renovated; 14 covered, gated on‑grade parking spaces
More about this property
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