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12-Unit Apartment Building
New
For Sale
$2,025,000

6137 Eleanor Ave, Los Angeles, CA 90038

The building includes a varied apartment mix, upgraded electrical subpanels, and a completed soft-story retrofit.

Property Size6,508 SF
Price / SF$311.16
Days on Market5

Property Features for 6137 Eleanor Ave

General Information

Standard status Active
Size 6,508 SF
Total Parking Spaces 4
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x guest unit, 2 x studio, 8 x 1BR, 1 x 2BR
Multifamily Units 12

Additional Details

Highway Access Yes

Building Details

Building Size 6,508 SF
Year Built 1955
Buildings 1
Listing Agency: Marcus & Millichap
Listed By: Jason Tuvia · License #01772495
Source: Carolinakramer
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 13 at 1:20AM

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

Investment Insights

Based on property information with market context.

This 6,508-square-foot apartment building dates to 1955 and contains twelve units: one guest unit, two studios, eight one-bedroom apartments, and one two-bedroom apartment. Improvements include a completed soft-story retrofit, copper re-piping in 2005, and new electrical subpanels. Mature landscaping surrounds the property, and four tuck-under parking spaces sit at the rear. The parking area may be considered for ADU conversion, subject to feasibility and approvals.

The property is on Eleanor Avenue in Los Angeles, south of Santa Monica Boulevard and west of Gower Street. Residents have access to the 101 Freeway and commercial corridors along Santa Monica, Gower, Vine, and Cahuenga. Nearby destinations named for the area include Hollywood Recreation Center and Larchmont Village. The building is part of a nine-building portfolio and may be acquired on its own or with the portfolio.

Key Highlights

  • 12‑unit apartment building with one guest unit, two studios, eight one‑bedroom units, and one two‑bedroom unit
  • 6,508 square feet; built in 1955
  • Completed soft‑story retrofit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,781
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
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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 - The building includes a varied apartment mix, upgraded electrical subpanels, and a completed soft-story retrofit.
Where is this apartment building located?
The property is located at 6137 Eleanor Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,025,000.
What are key features of this property?
This property features: 12‑unit apartment building with one guest unit, two studios, eight one‑bedroom units, and one two‑bedroom unit; 6,508 square feet; built in 1955; Completed soft‑story retrofit
More about this property
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