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Occupied Mixed-Use Property
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5251 Main St, Los Angeles, CA 90037

A gated Los Angeles property combines multifamily residences, cottage units, and street-facing retail space.

Property Size14,073 SF
Lot Size0.33 Acres
Days on Market143

Property Features for 5251 Main St

General Information

Standard status Active
Size 14,073 SF
Net Rentable 14,073 SF
Lot size 0.33 Acres
Property subtype Mixed Use, Multifamily, Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 13 x studio, 2 x 2BR/1BA
Multifamily Units 15

Additional Details

Average Monthly Rent $754

Amenities

gated

Building Details

Year Built 1911
Tenancy Multi
Listing Agency: Marcus & Millichap - Encino
Listed By: Sevak Keshishian · License #CA 01887505
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:30PM

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 Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

Built in 1911, this mixed-use property at 5251 Main St. contains 14,073 square feet of rentable area on a 14,273-square-foot lot. The residential component includes 13 studio units with separate kitchens and two standalone cottage-style units configured with two bedrooms and one bathroom each. Four retail spaces occupy approximately 4,700 square feet. The property is reported as 100% occupied, with retail leases structured on a month-to-month basis.

The gated site includes surface parking, and each unit is separately metered for gas and electricity. An on-site billboard is currently not leased. The property extends between W. 52nd Pl. and W. 53rd St. along Main Street in Southeast Los Angeles, east of Broadway and north of Slauson Ave. Nearby destinations include Main Street Elementary School, South Park Recreational Center, and South Los Angeles Wetlands Park. Access to the 110 Freeway is available at Slauson Ave., 51st St., and Vernon Ave., with connections to the 10 and 105 Freeways.

Key Highlights

  • 100% occupied mixed‑use property with multifamily and retail components
  • 14,073 SF of rentable area on a 14,273 SF lot
  • 13 studios, 2 two‑bedroom cottage units, and 4 retail spaces

Property Analytics

Current Use

Lavanderia (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Acupuncture Gym & Fitness Center

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

15
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,590
Businesses Nearby

Demographics for 90037, CA

63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Mixed-use property - A gated Los Angeles property combines multifamily residences, cottage units, and street-facing retail space.
Where is this mixed-use property located?
The property is located at 5251 Main St Los Angeles, CA.
What are key features of this property?
This property features: 100% occupied mixed‑use property with multifamily and retail components; 14,073 SF of rentable area on a 14,273 SF lot; 13 studios, 2 two‑bedroom cottage units, and 4 retail spaces
(818) 212-2700 Call to check price and availability
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