7-Unit Apartment Income
For Sale
$990,000
532 S La Verne Ave, Los Angeles, CA 90022
1930-built seven-unit income property with six studio units and one 1BD/1BA, plus garage/storage income.
Property Size5,098 SF
Lot Size0.37 Acres
Price / SF$194.19
Days on Market103
Property Features for 532 S La Verne Ave
General Information
Standard status
Active
Size
5,098 SF
Lot size
0.37 Acres
Property subtype
Residential Income
Occupancy
86%
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$12,961
Building Details
Year Built
1930
Tenancy
Multi
Listing Agency:
WRIGHT PROPERTY MANAGEMENT
(714) 392-3129
Listed By:
John Wright · License #01927712
(714) 392-3129
Source:
Exprealty
Added: May 19
Changed: Aug 28
Last Checked: Aug 28 at 4:49PM
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 WRIGHT PROPERTY MANAGEMENT
Investment Insights
Based on property information with market context.
This seven-unit apartment income property was built in 1930 and totals 5,098 square feet on a 16,000 square foot lot. The unit mix consists of six studio units (0/1) and one one-bedroom, one-bath unit. Six of the seven units are currently occupied.
The property also includes garage and storage income. There is no on-site laundry.
The sale is subject to court approval and an overbid partition referee sale, with the property sold as-is. The partition referee is exempt from disclosures.
The property also includes garage and storage income. There is no on-site laundry.
The sale is subject to court approval and an overbid partition referee sale, with the property sold as-is. The partition referee is exempt from disclosures.
Key Highlights
- 7‑unit income property built in 1930 with six studio (0/1) units and one 1BD/1BA unit
- 2025 gross income of $84,512 with NOI of $38,623
- 5,098 SF total building area on a 16,000 SF lot
Property Analytics
Property Profile
Current Use
Lease Details
85.7%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,243
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
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 - 1930-built seven-unit income property with six studio units and one 1BD/1BA, plus garage/storage income.
Where is this apartment building located?
The property is located at 532 S La Verne Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 7‑unit income property built in 1930 with six studio (0/1) units and one 1BD/1BA unit; 2025 gross income of $84,512 with NOI of $38,623; 5,098 SF total building area on a 16,000 SF lot
