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48-Unit Studio Apartment Building
For Sale
$18,500,000

320 Arnaz Dr, Los Angeles, CA 90048

Studio apartments feature private balconies, gated parking, and access to common-area laundry facilities.

Property Size33,462 SF
Lot Size0.40 Acres
Price / SF$552.87
Days on Market60

Property Features for 320 Arnaz Dr

General Information

Standard status Active
Size 33,462 SF
Total Parking Spaces 48
Lot size 0.40 Acres
Property subtype MULTI_FAMILY

Units

Unit Mix 48 x studio
Multifamily Units 48

Amenities

gated on-site parking
secure street-level entrance with intercom
common-area laundry facilities
in-place security system with cameras throughout
large private balconies

Building Details

Building Size 33,462 SF
Year Built 1984
Listing Agency: KW Commercial Studio City
Listed By: Nick Astrupgaard · License #01893466
Source: Carolinakramer
Added: Jun 3 Changed: Jul 31 Last Checked: Jul 31 at 2:34PM

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 KW Commercial Studio City

Investment Insights

Based on property information with market context.

Studio Arnaz Apartments is a 48-unit multifamily property built in 1984, with 33,462 SF of improvements on a 17,424 SF parcel. The property comprises 48 studio apartment units, each with a large private balcony offering views of the Hollywood Hills, West Hollywood, and Beverly Hills. Unit features include open floor plans, stainless steel appliances, wood-style flooring, window treatments, and wall A/C units. The property is identified as Non-RSO (AB1482).

Amenities include 48 secured gated parking spaces, a secure street-level entrance with intercom, common-area laundry facilities, security cameras throughout, and a RUBS utility recapture system. The property is located at 320 S Arnaz Dr in Beverly Grove, one block from Cedars-Sinai Medical Center and just steps from the Robertson Boulevard corridor. It is also 300 feet from the Beverly Hills border.

Key Highlights

  • 48‑unit multifamily property with 48 studio apartment units
  • 33,462 SF of improvements on a 17,424 SF parcel; built in 1984
  • Large private balconies with views of the Hollywood Hills, West Hollywood, and Beverly Hills

Property Analytics

Current Use

Caped KIDsaders Children's ... Hospital Studio Arnaz Apartment Complex Max Power Movers Moving Company

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Butcher Daycare Center Fish Market

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

48
Residential units

Location Intelligence

Trade Area within ½ mile

12,979
Businesses Nearby

Demographics for 90048, CA

22,604
Population
13,733
Households
1.6
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
11,897
Density / Sq Mi
$104,227
Median Household Income
$83,951
Median Earnings
$2,359
Median Rent
$1,847,500
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 - Studio apartments feature private balconies, gated parking, and access to common-area laundry facilities.
Where is this apartment building located?
The property is located at 320 Arnaz Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $18,500,000.
What are key features of this property?
This property features: 48‑unit multifamily property with 48 studio apartment units; 33,462 SF of improvements on a 17,424 SF parcel; built in 1984; Large private balconies with views of the Hollywood Hills, West Hollywood, and Beverly Hills
More about this property
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