LAR2-Zoned Triplex With
5218 San Vicente Blvd, Los Angeles, CA 90019
For Sale
$1,300,000
Residential Income, Los Angeles, CA
Property Size2,124 SF
Lot Size0.15 Acres
Price / SF$612.05
Days on Market142
Property Features for 5218 San Vicente Blvd
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Fireplace
Appliances
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Buildings
Listing Agency:
Redfin
(877) 973-3346
Listed By:
Thomas Chorley · License CA #02062950
(323) 212-3668
Added: Jun 26
Changed: Oct 25
Last Checked: Nov 14 at 3:06AM
MLS# 26851283
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.
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Investment Insights
Based on property information with market context.
Built in 1942, this wood-frame and stucco triplex contains 2,124 square feet across three one-bedroom, one-bathroom units. The property sits on a 6,724-square-foot lot with LAR2 zoning and includes three garage parking spaces, a private backyard, drought-tolerant landscaping, wood flooring, electric cooking appliances, and fireplaces. Public water serves the property.
Two units are scheduled for delivery vacant at the close of escrow, while the third is occupied and may also be delivered vacant. The property is located at 5218 San Vicente Blvd in Los Angeles, within the 90019 postal area and near the Miracle Mile district. Its three-unit configuration, existing garages, and residential zoning support continued multifamily use.
Two units are scheduled for delivery vacant at the close of escrow, while the third is occupied and may also be delivered vacant. The property is located at 5218 San Vicente Blvd in Los Angeles, within the 90019 postal area and near the Miracle Mile district. Its three-unit configuration, existing garages, and residential zoning support continued multifamily use.
Key Highlights
- Three one‑bedroom, one‑bathroom units
- 2,124 square feet on a 6,724‑square‑foot lot
- LAR2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,093
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,860
$741.9K
Cap Rate 7%
$529,900
$529.9K
Cap Rate 9%
$412,144
$412.1K
Market Conditions
NOI Build-Up for 2,124 SF
Gross rent
$57.3K $27.00/SF
− Vacancy
−$4.4K −$2.05/SF
EGI
$53.0K $24.95/SF
− OpEx
−$15.9K −$7.48/SF
NOI
$37.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,860
Cap Rate 7%
$529,900
Cap Rate 9%
$412,144
Alternative Uses
Best Use
Multifamily LT 5
$529.9K
$463.7K – $618.2K
NOI $37,093 @ 7.0% cap · market cap 2.85%
Second Best
Apartment 5plus
$488.2K
$427.2K – $569.6K
NOI $34,177 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$886.8K
$776.0K – $1.03M
NOI $62,076 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,089
Businesses Nearby
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Business Placement
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
$1,178,100
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Los Angeles, CA
Properties on Market for Triplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom units include garage parking, wood flooring, and access to a private backyard.
Where is this triplex located?
The property is located at 5218 San Vicente Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Three one‑bedroom, one‑bathroom units; 2,124 square feet on a 6,724‑square‑foot lot; LAR2 zoning
