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Five-Unit Apartment Building with Garages
For Sale
$999,000

456 Solano Avenue, Los Angeles, CA 90012

Apartment property with garage parking, driveway space, and a mix of front and rear residences.

Property Size5,131 SF
Days on Market8

Property Features for 456 Solano Avenue

General Information

Standard status Active
Size 5,131 SF
Property subtype Apartment

Units

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

Building Details

Building Size 5,131 SF
Year Built 1978
Listing Agency: Merit Real Estate
Listed By: Rodman Amiri · License #01760226
Source: Archetyperealty
Added: Aug 25 Changed: Aug 31 Last Checked: Aug 31 at 8:38AM

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 Merit Real Estate

Investment Insights

Based on property information with market context.

Built in 1978, this apartment property includes a two-story front residence with 3 bedrooms and 2 bathrooms, along with four rear residences positioned above the garages. Each rear unit offers 2 bedrooms and 1 bathroom. The property includes a 6-car garage and additional driveway parking serving the units.

The property is located at 456 Solano Avenue in Los Angeles’ Historic Solano Canyon neighborhood, near Elysian Park and the Echo Park area. Nearby destinations identified for the property include Dodger Stadium, Downtown, Chinatown, the LA River, Los Angeles State Historic Park, Radio Hill Gardens, and local walking trails, public spaces, and viewpoints. Existing long-term tenants and the stated ease of management provide additional operating context for prospective ownership.

Key Highlights

  • Five‑unit configuration: one 3‑bedroom, 2‑bathroom front unit plus four 2‑bedroom, 1‑bathroom rear units
  • 1978 construction with a two‑story residence at the front
  • 6‑car garage parking with additional driveway space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Computer & Electronic Repair Catering Service Tech Support Center (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,299
Businesses Nearby

Demographics for 90012, CA

33,851
Population
16,541
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
9,403
Density / Sq Mi
$67,635
Median Household Income
$44,901
Median Earnings
$2,116
Median Rent
$686,400
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 - Apartment property with garage parking, driveway space, and a mix of front and rear residences.
Where is this apartment building located?
The property is located at 456 Solano Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Five‑unit configuration: one 3‑bedroom, 2‑bathroom front unit plus four 2‑bedroom, 1‑bathroom rear units; 1978 construction with a two‑story residence at the front; 6‑car garage parking with additional driveway space
More about this property
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