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8-Unit Garden Apartment Building
For Sale
$1,850,000

5701 Corbett, Los Angeles, CA 90016

Garden-style apartments include a balanced one- and two-bedroom mix, with two units delivered vacant.

Property Size6,604 SF
Lot Size0.75 Acres
Price / SF$140.07
Days on Market13

Property Features for 5701 Corbett

General Information

Standard status Active
Size 6,604 SF
Lot size 0.75 Acres
Property subtype Apartment
Zoning RD1.5

Units

Unit Mix 8 x 1BR/1BA, 8 x 2BR/1BA
Multifamily Units 16

Additional Details

Opportunity Zone Yes
Public Transit Yes

Amenities

carport parking
dedicated laundry rooms

Building Details

Building Size 6,604 SF
Year Built 1948
Buildings 2
Construction garden rise
Listing Agency: Nohco Real Estate
Listed By: Brian Noh · License #01438155
Source: Archetyperealty
Added: Aug 12 Changed: Aug 18 Last Checked: Aug 23 at 7:59AM

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 Nohco Real Estate

Investment Insights

Based on property information with market context.

The property comprises an eight-unit garden-rise apartment building constructed in 1948, with 6,604 square feet of improvements on a 16,535-square-foot lot. The unit mix includes four one-bedroom, one-bath apartments and four two-bedroom, one-bath apartments, with two units delivered vacant. A new roof is identified for 2026, and the site is zoned RD1.5.

The building may be acquired individually or together with the adjacent eight-unit property at 5713-23 Corbett. Combined, the two buildings contain 16 units and 13,208 square feet on a 32,489-square-foot lot with 218 feet of frontage. Shared property features described for the combined offering include rear carport parking, dedicated laundry rooms, and open space. The properties are near Metro, major developments, and landmarks in West Adams.

Key Highlights

  • 8 units in a 1948 garden‑rise apartment building
  • 6,604 square feet on a 16,535‑square‑foot lot
  • Unit mix: (4) 1 bed/1 bath and (4) 2 bed/1 bath

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Barber Shop Pet Store Accounting Firm

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,555
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
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 - Garden-style apartments include a balanced one- and two-bedroom mix, with two units delivered vacant.
Where is this apartment building located?
The property is located at 5701 Corbett Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 8 units in a 1948 garden‑rise apartment building; 6,604 square feet on a 16,535‑square‑foot lot; Unit mix: (4) 1 bed/1 bath and (4) 2 bed/1 bath
More about this property
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