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5-Unit Apartment Building

5237 Willowcrest Ave, Los Angeles, CA 91601

For Sale
$3,495,000

Five three-bedroom residences offer in-unit laundry, private balconies, and individually metered gas and electricity.

Property Size8,170 SF
Price / SF$427.78
Days on Market72

Property Features for 5237 Willowcrest Ave

General Information

Standard status Active
Size 8,170 SF
Property subtype MULTI_FAMILY
Occupancy 100%

Site & Location

Neighborhood North Hollywood
Public Transit Yes

Units

Unit Mix 5 x 3BR
Multifamily Units 5
Individually Metered Utilities gas, electricity

Additional Details

Gross Income $232,800
Tenant in Place Yes

Amenities

central air conditioning
in-unit washer/dryer
private balconies
abundant storage
rooftop area
secure entry
gated parking
security system

Building Details

Building Size 8,170 SF
Year Built 2006
Listing Agency: Christie's International Real Estate SoCal
Listed By: Jordana Leigh · License #01239166
Source: Laluxuries
Added: Aug 29 Changed: Nov 6 Last Checked: Nov 7 at 2:49PM

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 Christie's International Real Estate SoCal

Rey
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Investment Insights

Based on property information with market context.

Built in 2006, this 8,170-square-foot apartment property contains five residences, each with three bedrooms. Interior features include central air conditioning, in-unit washer and dryer, private balconies, and storage. A rooftop area, secure entry, gated parking, and a security system serve the property. Gas and electricity are individually metered, and each residence has a separate APN.

The property is 100% occupied. Its configuration combines five similarly sized residential units with separate parcel identification and individual utility metering.

Key Highlights

  • Five 3‑bedroom residences; property is 100% occupied
  • 8,170 SF apartment property, built in 2006
  • Separate APN for each residence

Property Analytics

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,518
Businesses Nearby

Demographics for 91601, CA

39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

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 - Five three-bedroom residences offer in-unit laundry, private balconies, and individually metered gas and electricity.
Where is this apartment building located?
The property is located at 5237 Willowcrest Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Five 3‑bedroom residences; property is 100% occupied; 8,170 SF apartment property, built in 2006; Separate APN for each residence
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