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Eight-Unit Spanish-Style Apartment Building
New
For Sale
$1,200,000

5336 Monroe St, Los Angeles, CA 90038

Eight studio residences include hardwood floors, coved ceilings and separately metered gas and electricity.

Property Size3,680 SF
Lot Size0.07 Acres
Days on Market3

Property Features for 5336 Monroe St

General Information

Standard status Active
Size 3,680 SF
Net Rentable 3,680 SF
Lot size 0.07 Acres
Property subtype MULTI_FAMILY
Zoning LAR2

Units

Unit Mix 8 x studio
Multifamily Units 8

Additional Details

Utilities to Site Yes

Amenities

on-site laundry room

Building Details

Building Size 3,680 SF
Year Built 1923
Buildings 1
Stories 2
Construction Spanish-style
Listing Agency: Equity Union
Listed By: Nicole Apostolos · License #01464936
Source: Rochellemaize
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 21 at 2:03AM

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 Equity Union

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Investment Insights

Based on property information with market context.

Built in 1923, this two-story Spanish-style apartment property contains eight studio units, with 3,680 square feet of rentable living area on a 2,999-square-foot LAR2-zoned lot. The studios average approximately 460 square feet each and feature hardwood flooring and high coved ceilings. Building improvements include mixed copper plumbing and a newer roof, while gas and electricity are separately metered. An on-site laundry room is fitted with newer machines.

The property is on Monroe Street between Santa Monica Boulevard and Melrose Avenue, near Western Avenue. Paramount Studios, post-production businesses and entertainment offices are nearby, along with major healthcare employers. The Echelon Studios Complex, described as less than one mile away, is planned to include approximately 550,000 square feet of studio, office and retail space. Larchmont Village is also nearby, with boutiques and dining options.

Key Highlights

  • Eight studio units averaging approximately 460 square feet each
  • 3,680 square feet of rentable living space on a 2,999‑square‑foot LAR2‑zoned lot
  • Two‑story building constructed in 1923

Property Analytics

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Lease Details

8
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,638
Businesses Nearby

Demographics for 90038, CA

27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
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Market

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 - Eight studio residences include hardwood floors, coved ceilings and separately metered gas and electricity.
Where is this apartment building located?
The property is located at 5336 Monroe St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Eight studio units averaging approximately 460 square feet each; 3,680 square feet of rentable living space on a 2,999‑square‑foot LAR2‑zoned lot; Two‑story building constructed in 1923
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