Highland Park Multifamily Investment
For Sale
Contact for pricing
Pending
5213 Meridian St, Los Angeles, CA 90042
Income-producing 8-unit property in prime Highland Park location.
Property Size6,210 SF
Days on Market103
Property Features for 5213 Meridian St
General Information
Standard status
Pending
Size
6,210 SF
Total Parking Spaces
6
Property subtype
Multifamily
Occupancy
88%
Investment Type
Value Add
Net Operating Income
$106,295
Building Details
Year Built
1964
Units
8
Tenancy
Multi
Listing Agency:
CBRE LA
(239) 631-8788
Listed By:
Jenny Eng · License #CA 01931224
Source:
Crexi
Added: May 21
Changed: Aug 23
Last Checked: Aug 31 at 3:11AM
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 CBRE LA
Investment Insights
Based on property information with market context.
Located in the heart of Highland Park, an 8-unit multifamily property at 5213 Meridian Street presents an investment opportunity in one of Northeast Los Angeles' rapidly evolving residential neighborhoods. The property is situated a block from the York Boulevard corridor, providing walkable access to Highland Park's dining, retail, and nightlife scene. It also offers connectivity to Downtown LA and Pasadena via the Metro A Line. The surrounding neighborhood attracts young professionals, creatives, and long-term residents drawn to the area's character, architecture, and urban amenities. The property, with a size of 6210 square feet, offers a path to enhanced income through turnover.
Key Highlights
- Located in Highland Park, a highly desirable and rapidly evolving neighborhood.
- Offers significant value‑add potential through increased rents.
- Walkable access to Highland Park's dining, retail, and nightlife on York Boulevard.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
Explore this area
Business Placement
Demographics for 90042, CA
58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing 8-unit property in prime Highland Park location.
Where is this apartment building located?
The property is located at 5213 Meridian St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Located in Highland Park, a highly desirable and rapidly evolving neighborhood.; Offers significant value‑add potential through increased rents.; Walkable access to Highland Park's dining, retail, and nightlife on York Boulevard.
