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Eight-Unit Apartment Building
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5801 Packard St, Los Angeles, CA 90019

Renovated residences, completed seismic improvements, and a flexible bedroom mix support continued operational upgrades.

Property SizeContact for details
Days on Market140

Property Features for 5801 Packard St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Sean Rosenzweig · License #CA 01406343
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 6:28PM

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 Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

This eight-unit apartment property includes four one-bedroom residences, three two-bedroom residences, and one residence configured as a two-bedroom with a den. The den layout may support conversion to a three-bedroom arrangement. Three units have received interior improvements, including stainless steel appliances, replacement cabinetry, updated flooring, quartzite countertops, ceiling fans, and upgraded lighting. Seismic retrofit work has also been completed.

The property occupies a 7,239-square-foot parcel at 5801 Packard Street in Los Angeles, positioned north of Pico Boulevard and east of Fairfax Avenue. The unit mix provides varied residential configurations, while the completed improvements and remaining conversion opportunity offer clearly defined areas for further property-level work.

Key Highlights

  • 8‑unit apartment property on a 7,239‑square‑foot parcel
  • Unit mix includes four 1‑bedroom, three 2‑bedroom, and one 3‑bedroom residence
  • Three units renovated with stainless steel appliances, cabinetry, flooring, quartzite countertops, fans, and lighting

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market Grocery & Convenience Store Pet Grooming Service Butcher Storage Facility Garden 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.

Location Intelligence

Trade Area within ½ mile

2,282
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
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 - Renovated residences, completed seismic improvements, and a flexible bedroom mix support continued operational upgrades.
Where is this apartment building located?
The property is located at 5801 Packard St Los Angeles, CA.
What are key features of this property?
This property features: 8‑unit apartment property on a 7,239‑square‑foot parcel; Unit mix includes four 1‑bedroom, three 2‑bedroom, and one 3‑bedroom residence; Three units renovated with stainless steel appliances, cabinetry, flooring, quartzite countertops, fans, and lighting
(213) 943-1800 Call to check price and availability
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