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Duplex Apartment Portfolio
For Sale
$1,250,000

2849 Council St, Los Angeles, CA 90026

Two 3-bedroom units sit within a gated duplex, with shared access to four rear carport spaces.

Property Size2,536 SF
Price / SF$492.90
Days on Market151

Property Features for 2849 Council St

General Information

Standard status Active
Size 2,536 SF
Total Parking Spaces 4
Property subtype MULTI_FAMILY
Occupancy 100%

Additional Details

Fenced Yard Yes
Multifamily Units 2

Building Details

Building Size 2,536 SF
Year Built 1996
Tenancy Multi
Listing Agency: Sotheby's International Realty
Listed By: Matthew Maun · License #02156377
Source: Carolinakramer
Added: Apr 8 Changed: Aug 16 Last Checked: Sep 5 at 7:27AM

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 Sotheby's International Realty

Investment Insights

Based on property information with market context.

Offered as part of The Reno/ Council Portfolio, this duplex property includes two spacious 3-bedroom, 2-bath units within a single structure. The building was constructed in 1996. A gated entry leads residents along an approximately 100-foot driveway to the rear of the property, where access is provided to four carport spaces.

The portfolio is described as two properties located in Historic Filipinotown in Los Angeles. The remarks note that the duplex consists of 2849–2851 Council St, and that the units are 100% occupied and to be sold with residents.

The listing also references a possible exemption from the Los Angeles Rent Stabilization Ordinance (RSO), with the buyer instructed to verify. This Council St duplex is available as a portfolio with 200–208 N Reno St or offered individually, as stated in the remarks.

Key Highlights

  • 1996‑built gated duplex in Historic Filipinotown at 2849‑2851 Council St with 2 units
  • Two 3 bed / 2 bath units, approximately 1,200 SF each
  • Residents access about a 100‑ft driveway to the rear with shared access to 4 carport spaces

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Pet Store & Service Buffet

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

2,866
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
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?
Duplex - Two 3-bedroom units sit within a gated duplex, with shared access to four rear carport spaces.
Where is this duplex located?
The property is located at 2849 Council St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1996‑built gated duplex in Historic Filipinotown at 2849‑2851 Council St with 2 units; Two 3 bed / 2 bath units, approximately 1,200 SF each; Residents access about a 100‑ft driveway to the rear with shared access to 4 carport spaces
More about this property
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