Renovated 8-Unit Apartment
For Sale
$2,525,000
2716 S La Brea Avenue, Los Angeles, CA 90016
Renovated multifamily property near Metro rail, restaurants, a public library, and established Los Angeles neighborhoods.
Property Size6,908 SF
Price / SF$365.52
Days on Market213
Property Features for 2716 S La Brea Avenue
General Information
Standard status
Active
Size
6,908 SF
Property subtype
Multi-family
Additional Details
Cap Rate
6.2%
Public Transit
Yes
Multifamily Units
8
Building Details
Year Built
1964
Listing Agency:
Berkadia
(310) 209-3200
Listed By:
Adrienne Barr · License #01308753
(714) 497-3550
Source:
Sevengables
Added: Jan 29
Changed: Aug 30
Last Checked: Jul 29 at 2:57PM
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 Berkadia
Investment Insights
Based on property information with market context.
This 8-unit apartment property at 2716 S La Brea Ave was built in 1964 and has been renovated. The community records an 86 Walk Score, placing neighborhood services and amenities within convenient walking distance.
The property is located less than one-half mile from the Metro Expo “E” Line Expo/La Brea Station. Nearby destinations include CENTO Pasta Bar, Chulita, and Baldwin Hills Public Library, with access to Downtown Culver City and Downtown Los Angeles. Financial metrics include a 6.2% cap rate and a 6.6% market cap rate. Three-mile demographics include average household income exceeding $144.8K and average housing value above $1.57 million.
The property is located less than one-half mile from the Metro Expo “E” Line Expo/La Brea Station. Nearby destinations include CENTO Pasta Bar, Chulita, and Baldwin Hills Public Library, with access to Downtown Culver City and Downtown Los Angeles. Financial metrics include a 6.2% cap rate and a 6.6% market cap rate. Three-mile demographics include average household income exceeding $144.8K and average housing value above $1.57 million.
Key Highlights
- Renovated 8‑unit apartment community
- Built in 1964
- 86 Walk Score
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,163
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated multifamily property near Metro rail, restaurants, a public library, and established Los Angeles neighborhoods.
Where is this apartment building located?
The property is located at 2716 S La Brea Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,525,000.
What are key features of this property?
This property features: Renovated 8‑unit apartment community; Built in 1964; 86 Walk Score
