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Four-Unit Building with Outdoor Space
For Sale
Contact for pricing
Pending

2418 Pacific Ave, Los Angeles, CA 90291

Four-unit income property with varied layouts, private outdoor areas, and parking serving three residences.

Property Size2,802 SF
Lot Size0.06 Acres
Days on Market141

Property Features for 2418 Pacific Ave

General Information

Standard status Pending
Size 2,802 SF
Class A-Class
Total Parking Spaces 6
Lot size 0.06 Acres
Property subtype Multifamily

Financials

Cap Rate 4.68%
Gross Rent Multiplier 15.21

Units

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

Amenities

patio
deck

Building Details

Buildings 1
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Cameron Samimi · License #CA 02035763
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:27AM

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

Investment Insights

Based on property information with market context.

This 4-unit property contains 2,802 square feet on a 2,755-square-foot lot. The unit mix includes one 3-bedroom, 2-bath residence with a patio and two parking spaces; one 2-bedroom, 1-bath residence with a large rear deck and two parking spaces; and two studio units, each with a patio and one parking space. Outdoor space and parking are available for three of the four units.

Located at 2418 Pacific Ave in Los Angeles, the property is positioned along the Venice Canals walk streets and near the beach. The sellers also own the neighboring 4-plex at 2420 Pacific Ave and will consider offers for either property individually or both together. In-place rents, a 4.68% cap rate, and a 15.21 GRM are stated for the offering.

Key Highlights

  • 4‑unit building with 2,802 square feet on a 2,755‑square‑foot lot
  • Unit mix includes one 3bed/2bath, one 2bed/1bath, and two studios
  • Parking and outdoor space serve 3 out of 4 units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Clothing & Fashion Store Restaurant

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,735
Businesses Nearby

Demographics for 90291, CA

28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit income property with varied layouts, private outdoor areas, and parking serving three residences.
Where is this quadplex located?
The property is located at 2418 Pacific Ave Los Angeles, CA.
What are key features of this property?
This property features: 4‑unit building with 2,802 square feet on a 2,755‑square‑foot lot; Unit mix includes one 3bed/2bath, one 2bed/1bath, and two studios; Parking and outdoor space serve 3 out of 4 units
(310) 259-7556 Call to check price and availability
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