32-Unit Apartment
For Sale
$5,600,000
621 S Dunsmuir Ave, Los Angeles, CA 90036
Multifamily property with a mix of studio and one-bedroom residences, each one-bedroom unit offering one bathroom.
Property Size21,480 SF
Lot Size0.18 Acres
Price / SF$260.71
Days on Market35
Property Features for 621 S Dunsmuir Ave
General Information
Standard status
Active
Size
21,480 SF
Lot size
0.18 Acres
Property subtype
MULTI_FAMILY
Units
Unit Mix
24 x studio, 8 x 1BR/1BA
Multifamily Units
32
Additional Details
Cap Rate
5.38%
Building Details
Building Size
21,480 SF
Year Built
1929
Buildings
1
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Michael Kamara · License #02062158
Source:
Joshflagg
Added: Jul 27
Changed: Aug 30
Last Checked: Aug 1 at 2:51AM
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 Lyon Stahl Investment Real Estate, Inc.
Investment Insights
Based on property information with market context.
Constructed in 1929, this 32-unit apartment property contains 21,480 gross square feet on a 7,801-square-foot lot. The unit mix includes 24 studios and 8 one-bedroom, one-bathroom residences, providing a defined configuration within a single multifamily asset.
The property is located at 621 S Dunsmuir Avenue in Los Angeles’ Miracle Mile area. Museum Row destinations, including LACMA, the Petersen Automotive Museum, and the Academy Museum, are nearby, along with The Grove and the Original Farmers Market. A Walk Score of 95 reflects access to cafes, restaurants, boutique retail, and other neighborhood amenities.
The property currently reports an initial 5.38% cap rate, with a stated potential to reach a 7.17% cap rate as units turn over.
The property is located at 621 S Dunsmuir Avenue in Los Angeles’ Miracle Mile area. Museum Row destinations, including LACMA, the Petersen Automotive Museum, and the Academy Museum, are nearby, along with The Grove and the Original Farmers Market. A Walk Score of 95 reflects access to cafes, restaurants, boutique retail, and other neighborhood amenities.
The property currently reports an initial 5.38% cap rate, with a stated potential to reach a 7.17% cap rate as units turn over.
Key Highlights
- 32‑unit apartment building built in 1929
- 21,480 gross square feet on a 7,801‑square‑foot lot
- Unit mix includes 24 studios and 8 one‑bedroom, one‑bathroom units
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
4,524
Businesses Nearby
Explore this area
Business Placement
Demographics for 90036, CA
39,549
Population
21,890
Households
1.8
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
15,820
Density / Sq Mi
$102,877
Median Household Income
$66,385
Median Earnings
$2,730
Median Rent
$1,958,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with a mix of studio and one-bedroom residences, each one-bedroom unit offering one bathroom.
Where is this apartment building located?
The property is located at 621 S Dunsmuir Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: 32‑unit apartment building built in 1929; 21,480 gross square feet on a 7,801‑square‑foot lot; Unit mix includes 24 studios and 8 one‑bedroom, one‑bathroom units
