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17-Unit Apartment Building
For Sale
$3,650,000

720 S Plymouth Blvd, Los Angeles, CA 90005

Gated multifamily property with a central courtyard, subterranean parking, and on-site laundry facilities.

Property Size14,410 SF
Lot Size0.30 Acres
Price / SF$253.30
Days on Market97

Property Features for 720 S Plymouth Blvd

General Information

Standard status Active
Size 14,410 SF
Total Parking Spaces 16
Lot size 0.30 Acres
Property subtype Multifamily

Financials

Asking Price $3,950,000
Cap Rate 5.84%
Gross Rent Multiplier 9.82

Site & Location

Neighborhood Koreatown
Utilities to Site Yes

Units

Unit Mix 1 x single, 12 x 1BR, 4 x 2BR/1.5BA
Multifamily Units 17

Amenities

gated entrance
intercom system
central courtyard
on-site laundry
17-unit multifamily investment opportunity located in the Hancock Park-adjacent area of Los Angeles.
An attractive unit mix of one single, twelve one-bedrooms, and four two-bedrooms/1.5-bath.
Gated entrance with an intercom system and subterranean parking featuring 16 single spaces.

Building Details

Building Size 14,410 SF
Year Built 1955
Units 17
Listing Agency: Marcus & Millichap
Listed By: Neema Ahadian · License #License(s): CA: 01346750
Source: Marcusmillichap
Added: Aug 1 Changed: Nov 2 Last Checked: Nov 4 at 9:44AM

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

Rey
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Investment Insights

Based on property information with market context.

This 17-unit apartment property at 720 S Plymouth Blvd in Los Angeles was built in 1955 and contains approximately 14,410 square feet on a 13,004 SF lot. The unit mix includes one single, twelve one-bedroom units, and four two-bedroom units with 1.5 baths. Residents have access to a gated entry with intercom, a central courtyard, subterranean parking, and community laundry. Cooling is provided through a combination of window and wall AC units, while gas and electric service are separately metered.

The property includes 16 single parking spaces and is situated in the Windsor Village area, adjacent to Hancock Park. The surrounding district is described as architecturally distinct and historically intact, with Harold A. Henry Park serving as a neighborhood anchor. Additional property features include basement storage and interior walkways that may offer future conversion possibilities, subject to buyer verification. The laundry room contains two washers and two dryers and generates ancillary income.

Key Highlights

  • 17‑unit apartment property built in 1955
  • Unit mix includes 1 single, 12 one‑bedrooms, and 4 two‑bedrooms with 1.5 baths
  • Approximately 14,410 square feet on a 13,004 SF lot

Property Analytics

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Lease Details

17
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,993
Businesses Nearby

Demographics for 90005, CA

37,987
Population
19,357
Households
2
Avg Household Size
37
Median Age
38%
College-Educated
74%
High-School Grad
1.2 sq mi
ZIP Area
31,656
Density / Sq Mi
$52,755
Median Household Income
$35,847
Median Earnings
$1,648
Median Rent
$1,084,400
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Gated multifamily property with a central courtyard, subterranean parking, and on-site laundry facilities.
Where is this apartment building located?
The property is located at 720 S Plymouth Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 17‑unit apartment property built in 1955; Unit mix includes 1 single, 12 one‑bedrooms, and 4 two‑bedrooms with 1.5 baths; Approximately 14,410 square feet on a 13,004 SF lot
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