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14-Unit Apartment Community
New
For Sale
$1,885,000

5030 Valley Blvd, Los Angeles, CA 90032

Two renovated one-bedroom apartments are vacant within a mix of studios and one-bedroom units.

Property Size5,386 SF
Lot Size0.26 Acres
Days on Market6

Property Features for 5030 Valley Blvd

General Information

Standard status Active
Size 5,386 SF
Net Rentable 5,386 SF
Lot size 0.26 Acres
Property subtype MULTI_FAMILY
Zoning LAC2
Occupancy 86%

Financials

Cap Rate 6.69%
Gross Rent Multiplier 7.73

Units

Unit Mix 7 x 1BR/1BA, 7 x studio
Multifamily Units 14

Additional Details

Road Access Yes

Building Details

Building Size 5,386 SF
Year Built 1961
Buildings 2
Stories 2
Listing Agency: Kidder Mathews of California, Inc.
Listed By: Casey Lins · License #01902650
Source: Milsteinestates
Added: Oct 13 Changed: Oct 16 Last Checked: Oct 16 at 2:08PM

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 Kidder Mathews of California, Inc.

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Investment Insights

Based on property information with market context.

This 14-unit apartment property consists of two two-story buildings totaling 5,386 rentable square feet on an 11,479-square-foot lot. The unit mix includes seven one-bedroom, one-bathroom apartments and seven studios. Twelve units have been renovated, including two vacant one-bedroom apartments. The property was built in 1961 and is zoned LAC2. Parking includes three tandem driveways on each side of the property and eight uncovered spaces at the rear, accessible by alley.

Located on Valley Boulevard in the El Sereno neighborhood of Los Angeles, the property is a short drive from downtown Los Angeles. Nearby amenities and destinations include Elephant Hill Open Space, El Sereno Community Garden, and Rose Hill Recreation Center and Park.

Current rents are associated with a 6.69% cap rate and 7.73 GRM; at market rents, the stated figures are an 8.11% cap rate and 6.90 GRM.

Key Highlights

  • 14 units across two two‑story buildings; 5,386 rentable square feet
  • Unit mix: 7 one‑bedroom, one‑bathroom apartments and 7 studios
  • 12 of 14 units renovated, including 2 vacant one‑bedroom apartments

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon

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

14
Residential units
85.7%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

764
Businesses Nearby

Demographics for 90032, CA

43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two renovated one-bedroom apartments are vacant within a mix of studios and one-bedroom units.
Where is this apartment building located?
The property is located at 5030 Valley Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,885,000.
What are key features of this property?
This property features: 14 units across two two‑story buildings; 5,386 rentable square feet; Unit mix: 7 one‑bedroom, one‑bathroom apartments and 7 studios; 12 of 14 units renovated, including 2 vacant one‑bedroom apartments
More about this property
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