12-Unit Apartment
New
For Sale
$2,699,000
4020 Stevely Ave, Los Angeles, CA 90008
Ten residences feature updated kitchens, baths, and flooring; two units remain to be renovated.
Property Size8,746 SF
Days on Market4
Property Features for 4020 Stevely Ave
General Information
Standard status
Active
Size
8,746 SF
Total Parking Spaces
17
Property subtype
MULTI_FAMILY
Property Condition
Severity
Repairs Needed
Evidence
Only units 4 & 12 remain to be updated.
Financials
Cap Rate
6.6%
Gross Rent Multiplier
9.3
Additional Details
Multifamily Units
12
Amenities
Laundry Room
Building Details
Building Size
8,746 SF
Year Built
1959
Listing Agency:
The Agency
Listed By:
Jonathan Swire · License #01336277
(424) 230-3700
Source:
Jademillsestates
Added: Sep 28
Changed: Sep 30
Last Checked: Sep 30 at 12:28PM
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 The Agency
Investment Insights
Based on property information with market context.
This 12-unit apartment property offers a mix of one-, two-, and three-bedroom residences. Ten units have updated kitchens, bathrooms, and flooring, along with electrical and plumbing work; units 4 and 12 remain to be renovated. The property also includes an onsite laundry room and 17 parking spaces. It is subject to the City of Los Angeles Rent Stabilization Ordinance.
The property is within one mile of the Baldwin Hills Crenshaw Plaza and 5035 Coliseum Street mixed-use projects, which are in development. Plans described for the projects include nearly 1,800 residential units, a Costco, a 400-room hotel, retail, office space, restaurants, and public gathering areas.
The property is within one mile of the Baldwin Hills Crenshaw Plaza and 5035 Coliseum Street mixed-use projects, which are in development. Plans described for the projects include nearly 1,800 residential units, a Costco, a 400-room hotel, retail, office space, restaurants, and public gathering areas.
Key Highlights
- 12 apartment units with a mix of 1-, 2-, and 3‑bedroom residences
- 10 of 12 units have updated kitchens, baths, and flooring; units 4 and 12 remain to be renovated
- 17 onsite parking spaces
Property Analytics
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Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
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Business Placement
Demographics for 90008, CA
33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Ten residences feature updated kitchens, baths, and flooring; two units remain to be renovated.
Where is this apartment building located?
The property is located at 4020 Stevely Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,699,000.
What are key features of this property?
This property features: 12 apartment units with a mix of 1-, 2-, and 3‑bedroom residences; 10 of 12 units have updated kitchens, baths, and flooring; units 4 and 12 remain to be renovated; 17 onsite parking spaces
