14-Unit Renovated Apartment
For Sale
$4,250,000
5810 San Vicente Boulevard, Los Angeles, CA 90019
Maintained multifamily property with upgraded building systems and unit interiors.
Property Size10,147 SF
Price / SF$418.84
Days on Market8
Property Features for 5810 San Vicente Boulevard
General Information
Standard status
Active
Size
10,147 SF
Total Parking Spaces
8
Property subtype
Multi-family
Financials
Cap Rate
7%
Gross Rent Multiplier
9.9
Units
Unit Mix
2 x studio, 9 x 1BR/1BA, 3 x 2BR/1BA
Multifamily Units
14
Building Details
Year Built
1958
Listing Agency:
Dover Management Corp.
Listed By:
Douglas Steinriede
(714) 497-3550
Source:
Sevengables
Added: Aug 23
Changed: Aug 30
Last Checked: Aug 30 at 11:42AM
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 Dover Management Corp.
Investment Insights
Based on property information with market context.
Located at 5810 San Vicente Boulevard in Los Angeles, The Wick is a 10,147-square-foot apartment property built in 1958. The 14-unit configuration includes 2 studios, 9 one-bedroom/one-bath units, and 3 two-bedroom/one-bath units.
Capital work completed within the last 5 years includes remodeling in 12 of 14 units, a completed soft-story retrofit, and updated plumbing and electrical systems. The property also provides 8 parking spaces and storage that may generate additional income. Reported operating metrics include a 7.00% cap rate and 9.90 GRM, with market-rent projections of an 8.52% cap rate and 8.77 GRM.
Capital work completed within the last 5 years includes remodeling in 12 of 14 units, a completed soft-story retrofit, and updated plumbing and electrical systems. The property also provides 8 parking spaces and storage that may generate additional income. Reported operating metrics include a 7.00% cap rate and 9.90 GRM, with market-rent projections of an 8.52% cap rate and 8.77 GRM.
Key Highlights
- 14‑unit apartment property totaling 10,147 square feet
- Unit mix includes 2 studios, 9 one‑bedroom/one‑bath units, and 3 two‑bedroom/one‑bath units
- 12/14 units remodeled within the last 5 years
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
5,061
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Maintained multifamily property with upgraded building systems and unit interiors.
Where is this apartment building located?
The property is located at 5810 San Vicente Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 14‑unit apartment property totaling 10,147 square feet; Unit mix includes 2 studios, 9 one‑bedroom/one‑bath units, and 3 two‑bedroom/one‑bath units; 12/14 units remodeled within the last 5 years
