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Six-Unit Apartment Building
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493 S San Vicente Blvd, Los Angeles, CA 90019

Two-story property with updated interiors and secured resident parking.

Property Size5,436 SF
Price / SF$274.10
Days on Market8

Property Features for 493 S San Vicente Blvd

General Information

Standard status Active
Size 5,436 SF
Total Parking Spaces 6
Property subtype Multifamily
Occupancy 100%
Investment Type Value Add
Net Operating Income $89,358

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Amenities

hardwood floors
wall-mounted heating and air conditioning
dual-pane windows
updated kitchens and bathrooms
private walk-up entrances

Building Details

Year Built 1927
Buildings 1
Stories 2
Units 6
Tenancy Multi
Construction french provincial style
Listing Agency: Equity Union
Listed By: Eli Appel · License #CA 01918652
Source: Crexi
Added: Aug 25 Changed: Aug 31 Last Checked: Aug 31 at 9:46AM

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 Equity Union

Investment Insights

Based on property information with market context.

This two-story apartment property contains six one-bedroom, one-bathroom residences within 5436 SF. Built in 1927, the building features hardwood flooring, wall-mounted heating and air conditioning, dual-pane windows, and refreshed kitchens and bathrooms. Several residences have private walk-up entries. Resident parking includes four carport spaces and a two-car garage.

RTI plans are secured for a two-bedroom, two-bathroom ADU, creating a defined path to an additional residential unit. The property is positioned in Los Angeles’s Mid-Wilshire submarket, near the Miracle Mile, Museum Row, Wilshire Boulevard, and a range of dining, grocery, cultural, and entertainment destinations. The location carries a Walk Score of 88, and nearby institutions include the Los Angeles County Museum of Art, La Brea Tar Pits and Museum, and Petersen Automotive Museum.

Key Highlights

  • Six‑unit apartment property with six one‑bedroom, one‑bathroom residences
  • 5436 SF two‑story building constructed in 1927
  • RTI plans secured for a two‑bedroom, two‑bathroom ADU

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Grocery & Convenience Store Food Market Garden Center

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

9,364
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
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 - Two-story property with updated interiors and secured resident parking.
Where is this apartment building located?
The property is located at 493 S San Vicente Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Six‑unit apartment property with six one‑bedroom, one‑bathroom residences; 5436 SF two‑story building constructed in 1927; RTI plans secured for a two‑bedroom, two‑bathroom ADU
More about this property
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