Four-Unit Apartment
For Sale
$650,000
5917 Converse AVE, Los Angeles, CA 90001
Two structures contain one-bedroom residences on an 8,457-square-foot lot near major Los Angeles transportation connections.
Property SizeContact for details
Days on Market47
Property Features for 5917 Converse AVE
General Information
Standard status
Active
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
8
Building Details
Year Built
1947
Listing Agency:
COMPASS
(626) 914-2904
Listed By:
Justino Faaola · License #02038198
(626) 315-7603
Source:
Exitrealty
Added: Sep 6
Changed: Oct 6
Last Checked: Oct 16 at 5:51AM
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 COMPASS
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Investment Insights
Based on property information with market context.
This 1947-built quadplex includes four one-bedroom, one-bath units arranged across two separate structures. The property provides approximately 2,550 SF of rentable living area on an 8,457 SF lot, with units averaging approximately 638 SF each. Current operations generate just over $38,000 in annual rental income, and the property is positioned for rental revenue growth based on the stated comparison to surrounding market rents. Stabilized projections indicate an approximately 9.69% CAP Rate and 7.47 GRM.
Located in Florence-Graham, the property offers access to I-110, I-105, and I-710. Downtown Los Angeles is approximately 6 miles north, while the Florence Metro Station provides rail service toward Downtown Los Angeles and Downtown Long Beach. Grocery stores, big-box retailers, restaurants, schools, parks, and neighborhood services are located throughout the surrounding area.
Located in Florence-Graham, the property offers access to I-110, I-105, and I-710. Downtown Los Angeles is approximately 6 miles north, while the Florence Metro Station provides rail service toward Downtown Los Angeles and Downtown Long Beach. Grocery stores, big-box retailers, restaurants, schools, parks, and neighborhood services are located throughout the surrounding area.
Key Highlights
- Four 1‑bedroom/1‑bathroom units across two separate structures
- Approximately 2,550 SF of rentable living area
- 8,457 SF lot with units averaging approximately 638 SF
Property Analytics
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Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,228
Businesses Nearby
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Business Placement
Demographics for 90001, CA
55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two structures contain one-bedroom residences on an 8,457-square-foot lot near major Los Angeles transportation connections.
Where is this quadplex located?
The property is located at 5917 Converse AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four 1‑bedroom/1‑bathroom units across two separate structures; Approximately 2,550 SF of rentable living area; 8,457 SF lot with units averaging approximately 638 SF
