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7-Unit Apartment Building Compound
For Sale
$1,999,999

3151 W Avenue 32, Los Angeles, CA 90065

Three separate buildings provide varied apartment layouts, garages, surface parking, and on-site laundry.

Property Size5,634 SF
Days on Market9

Property Features for 3151 W Avenue 32

General Information

Standard status Active
Size 5,634 SF
Property subtype Apartment
Zoning LARD2

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 1BR townhouse-style, 3 x 1BR, 1 x 2BR, 1 x 2BR bungalow
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $7,773

Amenities

on-site laundry

Building Details

Building Size 5,634 SF
Year Built 1923
Buildings 3
Listing Agency: Keller Williams Exclusive Properties
Listed By: Adrian Padilla · License #01486296
Source: Truthrealty
Added: Aug 17 Changed: Aug 25 Last Checked: Aug 25 at 12:16PM

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 Keller Williams Exclusive Properties

Investment Insights

Based on property information with market context.

This multifamily property comprises three separate buildings with seven apartments. The improvements include a 1920s Spanish duplex with two one-bedroom townhouse-style units, a 1958 fourplex containing three one-bedroom apartments and one two-bedroom apartment, and a detached 1920s two-bedroom bungalow with a private garden and patio. The bungalow also includes a two-car garage, while the fourplex has four single-car garages. Six garages and surface parking serve the property overall.

Each apartment has separate gas and electric metering and an individual water heater. On-site laundry provides an additional property feature. An adjacent parcel to the north includes a long garage and a large storage unit. The property is zoned LARD2 and is subject to the Los Angeles RSO. Buyer verification is required for units, permits, square footage, zoning, income, condition, and ADU potential.

Key Highlights

  • Seven‑unit multifamily configuration across three separate buildings
  • 1920s Spanish duplex, 1958 fourplex, and detached 1920s bungalow
  • Unit mix includes one‑bedroom and two‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Travel Agency Parking Lot & Garage Grocery & Convenience Store Nail Salon

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

7
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,293
Businesses Nearby

Demographics for 90065, CA

44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Three separate buildings provide varied apartment layouts, garages, surface parking, and on-site laundry.
Where is this apartment building located?
The property is located at 3151 W Avenue 32 Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Seven‑unit multifamily configuration across three separate buildings; 1920s Spanish duplex, 1958 fourplex, and detached 1920s bungalow; Unit mix includes one‑bedroom and two‑bedroom apartments
More about this property
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