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11-Unit Apartment Building
New
For Sale
$2,150,000

5913 Willoughby Ave, Los Angeles, CA 90038

Two adjoining parcels combine a varied unit mix with several vacant apartments and a separate owner’s residence.

Property Size7,487 SF
Price / SF$287.16
Days on Market5

Property Features for 5913 Willoughby Ave

General Information

Standard status Active
Size 7,487 SF
Total Parking Spaces 10
Property subtype MULTI_FAMILY

Units

Unit Mix 5 x studio, 4 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 11

Amenities

community laundry room
in-unit washer/dryer
solar panels

Building Details

Building Size 7,487 SF
Year Built 1929
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Jake Glaser · License #02128816
Source: Carolinakramer
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 10:58AM

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 Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

At 5913 and 5917–5921 Willoughby Avenue, two adjacent parcels are being offered together as an 11-unit apartment property. The buildings contain approximately 7,487 square feet, with five studios, four one-bedroom/one-bath units, one two-bedroom/one-bath unit, and one three-bedroom/two-bath owner’s residence. Three apartments are vacant: two studios and the owner’s unit. That residence includes in-unit laundry, a formal dining room, a private patio, a dog run, and a front garden. A community laundry room serves the property, and four units have their own washer and dryer.

The property is in Hollywood, adjacent to Larchmont. Improvements include roof work completed in 2015, 2019, and 2024, solar panels installed in 2019, an upgraded main electrical panel on the eight-unit parcel, and a seismic soft-story retrofit completed in 2018. Balcony clearance under SB-721 has been obtained. The site also has 10 parking spaces; several garages are used for storage and may have ADU potential, subject to buyer verification.

Key Highlights

  • Two adjacent parcels offered together, with 11 apartments totaling approximately 7,487 square feet
  • Unit mix: 5 studios, 4 one‑bedroom/one‑bath units, 1 two‑bedroom/one‑bath unit, and 1 three‑bedroom/two‑bath unit
  • Three vacant apartments: 2 studios and the owner’s residence

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Butcher Adult Day Care Clothing & Fashion Store 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.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

3,043
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two adjoining parcels combine a varied unit mix with several vacant apartments and a separate owner’s residence.
Where is this apartment building located?
The property is located at 5913 Willoughby Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Two adjacent parcels offered together, with 11 apartments totaling approximately 7,487 square feet; Unit mix: 5 studios, 4 one‑bedroom/one‑bath units, 1 two‑bedroom/one‑bath unit, and 1 three‑bedroom/two‑bath unit; Three vacant apartments: 2 studios and the owner’s residence
More about this property
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