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Six-Unit Apartment Building
New
For Sale
$1,490,000

493 San Vicente Blvd, Los Angeles, CA 90019

Residential Income, Los Angeles, CA

Property Size5,438 SF
Lot Size0.16 Acres
Price / SF$273
Days on Market4

Property Features for 493 San Vicente Blvd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 6
Bathrooms 6
Full bathrooms 1
Rooms Bedroom 4, Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 6, Bedroom 1, Bathroom 5, Bathroom 2
Parking 6
Parking features Garage, Carport
Directions N. of San Vincente Blvd., E. of La Brea Ave., W. of Crenshaw Blvd., and S. of Olympic Blvd.
Subdivision Hancock Park-Wilshire
Standard status Active
APN 5084-026-024
Size 5,438 SF
Lot size 0.16 Acres

Utilities

Cooling system Wall Unit(s)

Building Details

Year built 1927
Floors in Building 2
Number of units 6
Listing Agency: Equity Union
Listed By: Eliyahu Appel · License #01918652
Added: Aug 25 Last Checked: Aug 28 at 4:06PM
MLS# 26876787

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,438-square-foot apartment property contains six one-bedroom, one-bathroom residences in a two-story building completed in 1927. Interiors include hardwood flooring, wall-mounted heating and air conditioning, dual-pane windows, and updated kitchens and bathrooms. Select apartments have private walk-up entrances. The property is zoned LAR3 and occupies 0.1618 acres.

Parking consists of four carport spaces and a two-car garage. Ready-to-Issue plans are secured for a two-bedroom, two-bathroom ADU, providing a documented path to an additional unit. The asset is located at 493 San Vicente Blvd in Los Angeles, near Miracle Mile and Museum Row, with an 88 Walk Score. In-place rents are below market, creating a stated opportunity for rent growth as units turn over.

Key Highlights

  • Six one‑bedroom, one‑bathroom apartment units
  • 5,438 square feet on a 0.1618‑acre lot
  • Built in 1927; two‑story LAR3‑zoned property

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

1,719
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 kitchens, bathrooms, and select residences offering private walk-up access.
Where is this apartment building located?
The property is located at 493 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 one‑bedroom, one‑bathroom apartment units; 5,438 square feet on a 0.1618‑acre lot; Built in 1927; two‑story LAR3‑zoned property
More about this property
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