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20-Unit Low-Rise Apartment Buildings
For Sale
$4,400,000

4723-4725 August Street, Los Angeles, CA 90008

Multifamily asset with varied unit layouts, gated entry, on-site parking, and separately metered utilities.

Property Size20,680 SF
Lot Size0.38 Acres
Price / SF$212.77
Days on Market323

Property Features for 4723-4725 August Street

General Information

Standard status Active
Size 20,680 SF
Lot size 0.38 Acres
Property subtype Commercial Sale / Multi Family

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 20

Amenities

gated access
on-site parking
fully equipped kitchens
heating

Building Details

Year Built 1965
Buildings 2
Listing Agency: Willie Gene Henderson
Listed By: Willie Henderson · License #01091997
Source: Compass
Added: Oct 12, 2025 Changed: Aug 30 Last Checked: Aug 30 at 7:55AM

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 Willie Gene Henderson

Investment Insights

Based on property information with market context.

The property comprises two low-rise apartment structures with 20 units and approximately 20,680 square feet on an approximately 0.38-acre lot. Built in 1965, the unit mix includes studios along with one-, two-, and three-bedroom apartments. Each residence has a fully equipped kitchen and heating, while utilities are separately metered. Gated access and on-site parking are also provided.

Located at 4723-4725 August Street in Los Angeles, the property is positioned south of Coliseum Street near Baldwin Hills Crenshaw Plaza, Kenneth Hahn State Recreation Area, and the Destination Crenshaw corridor. Access to I-10, I-105, the Expo/Crenshaw Metro Line, and LAX connects the property with destinations throughout Los Angeles.

Key Highlights

  • 20 units across two low‑rise apartment buildings
  • Approximately 20,680 square feet on an approximately 0.38‑acre lot
  • Unit mix includes studios and one-, two-, and three‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Food Market Barber Shop 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

20
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

958
Businesses Nearby

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

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 - Multifamily asset with varied unit layouts, gated entry, on-site parking, and separately metered utilities.
Where is this apartment building located?
The property is located at 4723-4725 August Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 20 units across two low‑rise apartment buildings; Approximately 20,680 square feet on an approximately 0.38‑acre lot; Unit mix includes studios and one-, two-, and three‑bedroom apartments
More about this property
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