5-Unit Apartment Building with Rooftop
618 Imogen Avenue, Los Angeles, CA 90026
For Sale
Contact for pricing
New construction combines spacious floor plans, private balconies, in-unit laundry, and separate utility meters.
Property Size8,415 SF
Lot Size0.17 Acres
Price / SF$510.99
Days on Market21
Property Features for 618 Imogen Avenue
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Amenities
high ceilings
designer finishes
upgraded cabinetry
stainless steel appliances
in-unit washer/dryer
balconies
garage parking
storage
rooftop deck
Listing Agency:
KW Hollywood Hills
Listed By:
DANIEL LALEZARI · License CA #01385866
(310) 650-4220
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 5:29PM
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 KW Hollywood Hills
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed as 2026 construction, this five-unit apartment property contains 8,415 square feet of living area on an approximately 7,500-square-foot lot. Four apartments offer four bedrooms and 4.5 bathrooms each, with floor plans ranging from 1,700 to 1,800 square feet. A separate ADU provides three bedrooms, three bathrooms, and 1,387 square feet. Features include nine-foot ceilings, stainless steel appliances, in-unit washers and dryers, balconies, garage parking, and storage. Utilities are separately metered by unit. A rooftop deck offers views that include the Downtown skyline, the Hollywood sign, and Griffith Observatory.
The property is in the Silver Lake area, approximately one-half mile from Melrose Avenue and one mile from Sunset Boulevard. Nearby destinations cited include Silver Lake Reservoir, Sunset Junction, Echo Park, and Dodger Stadium. The property may be delivered fully vacant or fully leased. The source projects a 6.79% cap rate.
The property is in the Silver Lake area, approximately one-half mile from Melrose Avenue and one mile from Sunset Boulevard. Nearby destinations cited include Silver Lake Reservoir, Sunset Junction, Echo Park, and Dodger Stadium. The property may be delivered fully vacant or fully leased. The source projects a 6.79% cap rate.
Key Highlights
- Five units totaling 8,415 square feet on an approximately 7,500‑square‑foot lot
- Four 4‑bedroom, 4.5‑bath apartments of 1,700–1,800 square feet each, plus a 1,387‑square‑foot, 3‑bedroom, 3‑bath ADU
- Rooftop deck with views of the Downtown skyline, Hollywood sign, and Griffith Observatory
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,404
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,708,080
$2.7M
Cap Rate 7%
$1,934,343
$1.9M
Cap Rate 9%
$1,504,489
$1.5M
Market Conditions
NOI Build-Up for 8,415 SF
Gross rent
$267.6K $31.80/SF
− Vacancy
−$21.4K −$2.54/SF
EGI
$246.2K $29.26/SF
− OpEx
−$110.8K −$13.17/SF
NOI
$135.4K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,708,080
Cap Rate 7%
$1,934,343
Cap Rate 9%
$1,504,489
Alternative Uses
Best Use
Apartment 5plus
$1.93M
$1.69M – $2.26M
NOI $135,404 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.51M
$3.07M – $4.10M
NOI $245,936 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
5
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,933
Businesses Nearby
Explore this area
Business Placement
Demographics for 90026, CA
63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - New construction combines spacious floor plans, private balconies, in-unit laundry, and separate utility meters.
Where is this apartment building located?
The property is located at 618 Imogen Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,299,999.
What are key features of this property?
This property features: Five units totaling 8,415 square feet on an approximately 7,500‑square‑foot lot; Four 4‑bedroom, 4.5‑bath apartments of 1,700–1,800 square feet each, plus a 1,387‑square‑foot, 3‑bedroom, 3‑bath ADU; Rooftop deck with views of the Downtown skyline, Hollywood sign, and Griffith Observatory
