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14-Unit Apartment Building
For Sale
$1,895,000

5134 W Washington Blvd, Los Angeles, CA 90016

Currently operating with subsidy-supported tenants and multiple unit configurations.

Property Size3,526 SF
Lot Size0.19 Acres
Price / SF$537.44
Days on Market38

Property Features for 5134 W Washington Blvd

General Information

Standard status Active
Size 3,526 SF
Lot size 0.19 Acres
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 1BR, 1 x 3BR
Multifamily Units 14

Additional Details

Road Access Yes

Building Details

Building Size 3,526 SF
Year Built 1945
Listing Agency: Kidder Mathews of California, Inc.
Listed By: Casey Lins · License #01902650
Source: Evecap
Added: Jun 25 Changed: Jul 31 Last Checked: Jul 31 at 5:48PM

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.

Investment Insights

Based on property information with market context.

This 14-unit apartment building is currently operating as an apartment property and was originally developed as a motel. The approximately 3,526-square-foot building sits on approximately 8,123 square feet of land and includes primarily bachelor-style layouts, along with one one-bedroom unit in a stand-alone structure and one three-bedroom unit that was previously used as the motel office. Four units are currently vacant, while existing tenants receive subsidies. Several additional units may potentially be delivered vacant, subject to due diligence.

Located at 5134 W Washington Blvd in Los Angeles, the property is minutes from West Adams and Culver City. Nearby amenities identified in the property information include coffee shops, breweries, restaurants, employment hubs, and art galleries. The property may support continued apartment operations or a return to its original motel use, with the current legal use, tenancies, and unit count requiring buyer verification.

Key Highlights

  • 14‑unit apartment building currently operating as an apartment property
  • Approximately +/-3,526sf of building on +/-8,123sf of land
  • Four existing vacancies

Property Analytics

Current Use

Junk Removal Los ... Waste Management Facility

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Accounting Firm 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

14
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,363
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Currently operating with subsidy-supported tenants and multiple unit configurations.
Where is this apartment building located?
The property is located at 5134 W Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 14‑unit apartment building currently operating as an apartment property; Approximately +/-3,526sf of building on +/-8,123sf of land; Four existing vacancies
More about this property
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