Renovated Mixed-Use Apartment
For Sale
Contact for pricing
692 Valencia St, Los Angeles, CA 90017
Twenty-four apartments sit above flexible commercial space with a restored lobby and shared rooftop area.
Property SizeContact for details
Days on Market143
Property Features for 692 Valencia St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Northmarq
(310) 621-8221
Listed By:
Brent Sprenkle · License #01290116
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:20PM
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 Northmarq
Investment Insights
Based on property information with market context.
Located at the corner of Valencia Street and West 7th Street in Los Angeles, this three-story, 1910-built apartment property combines residential units with ground-level commercial space. The building contains 24 apartments, two retail spaces, and an office area. Its apartment layout includes 19 studios and five one-bedroom, one-bath units, with approximately 19 residences fully renovated. Improvements in renovated units include wood flooring, tiled bathrooms, and kitchens equipped with stainless-steel appliances. Gas and electricity are individually metered.
The commercial areas offer multiple configurations. One 7th Street space is occupied by the owner and can function as office or retail space, while the second is leased month-to-month as a market. The Valencia office is vacant and also supports office or retail use, with access to a substantial basement. A rooftop common area adds shared amenity space, and the property has no on-site parking. Walk Score is 93 and transit score is 91. The reported cap rate is 5.2%.
The commercial areas offer multiple configurations. One 7th Street space is occupied by the owner and can function as office or retail space, while the second is leased month-to-month as a market. The Valencia office is vacant and also supports office or retail use, with access to a substantial basement. A rooftop common area adds shared amenity space, and the property has no on-site parking. Walk Score is 93 and transit score is 91. The reported cap rate is 5.2%.
Key Highlights
- 24 apartments with a mix of 19 studios and five one‑bedroom, one‑bath units
- Approximately 19 apartments have been fully renovated
- Two retail spaces plus an office area occupy the ground‑level commercial floor
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 90017, CA
27,295
Population
15,953
Households
1.7
Avg Household Size
33
Median Age
36%
College-Educated
72%
High-School Grad
0.7 sq mi
ZIP Area
38,993
Density / Sq Mi
$51,317
Median Household Income
$35,076
Median Earnings
$1,669
Median Rent
$675,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Twenty-four apartments sit above flexible commercial space with a restored lobby and shared rooftop area.
Where is this apartment building located?
The property is located at 692 Valencia St Los Angeles, CA.
What are key features of this property?
This property features: 24 apartments with a mix of 19 studios and five one‑bedroom, one‑bath units; Approximately 19 apartments have been fully renovated; Two retail spaces plus an office area occupy the ground‑level commercial floor
