Six-Unit Apartment
For Sale
Contact for pricing
461 South Savannah Street, Los Angeles, CA 90033
Six-unit building offering all two-bedroom, one-bath residential units at 461 South Savannah Street.
Property SizeContact for details
Days on Market122
Property Features for 461 South Savannah Street
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
6
Listing Agency:
Marcus & Millichap - Los Angeles
(213) 943-1800
Listed By:
Sean Rosenzweig · License #CA 01406343
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 10:13AM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
Offered for sale as a value-add opportunity, 461 South Savannah Street is a six-unit apartment building consisting of all two-bedroom, one-bath units. The property is positioned as a vintage multifamily asset within a neighborhood described as emerging Boyle Heights.
The building is situated on South Savannah Street, three blocks east of Soto Street and one block south of 4th Street. The area provides immediate access to the 10 freeway, and the Gold Line Station at Soto Street is described as a 16-minute walk.
The surrounding context referenced in the offering includes continued development related to the Los Angeles River and infrastructure changes associated with the Sixth Street Viaduct, estimated to complete in early 2022, with plans described as adding another thoroughfare into the Arts District.
The building is situated on South Savannah Street, three blocks east of Soto Street and one block south of 4th Street. The area provides immediate access to the 10 freeway, and the Gold Line Station at Soto Street is described as a 16-minute walk.
The surrounding context referenced in the offering includes continued development related to the Los Angeles River and infrastructure changes associated with the Sixth Street Viaduct, estimated to complete in early 2022, with plans described as adding another thoroughfare into the Arts District.
Key Highlights
- Six‑unit residential building at 461 South Savannah Street, with all units configured as 2‑bedroom/1‑bath
- Value‑add opportunity in the Boyle Heights neighborhood, minutes east of Downtown Los Angeles
- Convenient transportation access with immediate access to the 10 freeway
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,581
Businesses Nearby
Explore this area
Business Placement
Demographics for 90033, CA
46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit building offering all two-bedroom, one-bath residential units at 461 South Savannah Street.
Where is this apartment building located?
The property is located at 461 South Savannah Street Los Angeles, CA.
What are key features of this property?
This property features: Six‑unit residential building at 461 South Savannah Street, with all units configured as 2‑bedroom/1‑bath; Value‑add opportunity in the Boyle Heights neighborhood, minutes east of Downtown Los Angeles; Convenient transportation access with immediate access to the 10 freeway
