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5-Unit Apartment Building
For Sale
$2,699,000

4224 S Western Ave, Los Angeles, CA 90062

Recently built multifamily property with contemporary finishes, varied floor plans, and on-site parking.

Property Size5,350 SF
Price / SF$385.85
Days on Market136

Property Features for 4224 S Western Ave

General Information

Standard status Active
Size 5,350 SF
Total Parking Spaces 6
Property subtype MULTI_FAMILY
Occupancy 100%

Site & Location

Neighborhood Vermont Square

Units

Unit Mix 2 x 4BR/5BA, 2 x 4BR/3BA, 1 x 1BR/1BA
Multifamily Units 5

Amenities

central common area

Building Details

Building Size 5,350 SF
Year Built 2022
Buildings 2
Stories 3
Tenancy Multi
Listing Agency: The Beverly Hills Estates
Listed By: Estel Hilton · License #01420227
Source: Rochellemaize
Added: Jun 24 Changed: Oct 31 Last Checked: Nov 4 at 10:18PM

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 Beverly Hills Estates

Rey
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Investment Insights

Based on property information with market context.

Completed in 2022, this multifamily property contains five leased residences arranged across two three-story townhome structures. The approximately 6,995-square-foot layout includes two four-bedroom, five-bath units, two four-bedroom, three-bath units, and a one-bedroom, one-bath ADU with its own entrance. Contemporary finishes and generous floor plans provide varied residential configurations, while a shared central area serves the residents.

The property is located near Vermont Square in South Los Angeles. Parking includes a two-car attached garage and four uncovered spaces, providing six spaces in total. All five units are currently leased, so the property is operating with occupancy in place.

Key Highlights

  • Five units, all currently leased
  • Built in 2022 with approximately 6,995 square feet of living space
  • Unit mix includes two 4‑bedroom/5‑bath, two 4‑bedroom/3‑bath, and one 1‑bedroom/1‑bath ADU

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby

Demographics for 90062, CA

32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Recently built multifamily property with contemporary finishes, varied floor plans, and on-site parking.
Where is this apartment building located?
The property is located at 4224 S Western 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: Five units, all currently leased; Built in 2022 with approximately 6,995 square feet of living space; Unit mix includes two 4‑bedroom/5‑bath, two 4‑bedroom/3‑bath, and one 1‑bedroom/1‑bath ADU
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