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12-Unit Apartment Building
For Sale
Contact for pricing
Pending

3245 W Ave 32, Los Angeles, CA 90065

Renovated apartments offer two-bedroom layouts, private balconies, central air conditioning and heating, and secured parking.

Property Size11,966 SF
Days on Market143

Property Features for 3245 W Ave 32

General Information

Standard status Pending
Size 11,966 SF
Total Parking Spaces 24
Property subtype Multifamily

Units

Unit Mix 12 x 2BR/2BA
Multifamily Units 12

Amenities

laundry
multi-camera video system
drought resistant landscaping

Building Details

Year Built 1990
Listing Agency: KW Commercial
Listed By: Rich Johns · License #CA 01432215
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:38PM

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

Investment Insights

Based on property information with market context.

This 12-unit apartment property in Glassell Park was constructed in 1990 and contains approximately 11,966 SF of improvements. The unit mix consists entirely of two-bedroom, two-bath homes. Most apartments have been renovated with open layouts, wood flooring, updated kitchens with stainless-steel appliances, refreshed bathrooms, and updated lighting and hardware. Balconies accompany each apartment, while select upper-level homes have treetop city views. Central air conditioning and heating serve the units.

The property provides gated, secured parking for 24 vehicles, along with renovated laundry facilities, entries, walkways, staircases, exterior lighting, drought-resistant landscaping, and a multi-camera video system. It is located at 3245 W Ave 32 in Los Angeles, near Atwater Village and Eagle Rock and within blocks of downtown Los Angeles and Echo Park. The LA River Master Plan project is approximately 1 mile away.

The property is not subject to LA City rent control and falls under AB 1482. The most recent allowable rent increase cited for 2024 was 8.8%.

Key Highlights

  • 12‑unit apartment property with 12 two‑bedroom, two‑bath homes
  • Approximately 11,966 SF of improvements on a property constructed in 1990
  • Parking for 24 vehicles with gated and secured access

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Travel Agency (Bike/Boat/Book/etc) Store

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

12
Residential units

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated apartments offer two-bedroom layouts, private balconies, central air conditioning and heating, and secured parking.
Where is this apartment building located?
The property is located at 3245 W Ave 32 Los Angeles, CA.
What are key features of this property?
This property features: 12‑unit apartment property with 12 two‑bedroom, two‑bath homes; Approximately 11,966 SF of improvements on a property constructed in 1990; Parking for 24 vehicles with gated and secured access
(818) 432-1575 Call to check price and availability
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