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Renovated Apartment Building with Pool
For Sale
Contact for pricing
Pending

5505 Zelzah Ave, Los Angeles, CA 91316

Multifamily community with updated interiors, resident amenities, controlled access, and two additional units in progress.

Property SizeContact for details
Days on Market142

Property Features for 5505 Zelzah Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 2 x 1BR/1BA, 15 x 1BR/1BA with den, 1 x 2BR/1BA, 9 x 2BR/2BA
Multifamily Units 29

Additional Details

Highway Access Yes

Amenities

pool
on-site laundry
courtyard
covered parking
storage areas
controlled access entry door and gates

Building Details

Year Built 1979
Listing Agency: Northmarq Capital, LLC
Listed By: Vince Norris · License #CA
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:28PM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

This 1979 apartment community includes 27 existing residences, with two additional ADUs under construction for a planned total of 29 apartment homes. The existing unit mix includes one-bedroom, one-bath layouts; one-bedroom units with dens; and two-bedroom homes with one or two bathrooms. Renovated interiors feature hardwood-style flooring, granite or quartz countertops, and stainless steel or black appliances.

Property amenities include a pool, courtyard, on-site laundry, covered parking, storage areas, and controlled-access entry doors and gates. The property is located at 5505 Zelzah Ave in Los Angeles, near the 101 freeway and Ventura Boulevard. Residents can walk to shopping, dining, entertainment, and employment destinations in Encino and Tarzana, while Ventura Boulevard provides access to approximately 7,500,000 square feet of office space and 2,300,000 square feet of retail.

Key Highlights

  • 27 existing apartment units plus 2 ADUs under construction
  • Unit mix includes 2 one‑bedroom/one‑bath units, 15 one‑bedroom/one‑bath units with den, 1 two‑bedroom/one‑bath unit, and 9 two‑bedroom/two‑bath units
  • Built in 1979 with renovated units featuring hardwood‑style floors, granite or quartz counters, and stainless steel or black appliances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Hotel & Motel Restaurant

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

29
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,954
Businesses Nearby

Demographics for 91316, CA

28,777
Population
13,602
Households
2.1
Avg Household Size
43
Median Age
58%
College-Educated
94%
High-School Grad
5.5 sq mi
ZIP Area
5,232
Density / Sq Mi
$90,802
Median Household Income
$57,845
Median Earnings
$2,104
Median Rent
$909,700
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?
Apartment building - Multifamily community with updated interiors, resident amenities, controlled access, and two additional units in progress.
Where is this apartment building located?
The property is located at 5505 Zelzah Ave Los Angeles, CA.
What are key features of this property?
This property features: 27 existing apartment units plus 2 ADUs under construction; Unit mix includes 2 one‑bedroom/one‑bath units, 15 one‑bedroom/one‑bath units with den, 1 two‑bedroom/one‑bath unit, and 9 two‑bedroom/two‑bath units; Built in 1979 with renovated units featuring hardwood‑style floors, granite or quartz counters, and stainless steel or black appliances
More about this property
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