27-Unit Apartment
For Sale
$3,700,000
722 Hartford Ave, Los Angeles, CA 90017
Four-story brick apartments with renovated interiors, compact kitchens, and upgraded resident common areas in Downtown Los Angeles.
Property Size16,056 SF
Lot Size0.14 Acres
Price / SF$230.44
Days on Market107
Property Features for 722 Hartford Ave
General Information
Standard status
Active
Size
16,056 SF
Lot size
0.14 Acres
Property subtype
Multifamily
Units
Unit Mix
23 x studio, 3 x 1BR/1BA, 1 x 1BR/2BA
Multifamily Units
27
Additional Details
Cap Rate
6.8%
Public Transit
Yes
Amenities
Renovated under current ownership with exposed-brick interiors, upgraded kitchens, new common-area flooring, and an improved back patio
Four-story historic brick building offering character, curb appeal, and an architectural identity that is increasingly rare in the DTLA rental market
Offered at $137,037 per unit, with stabilized operations producing a strong day-one yield and continued upside through unit turnover
Walk Score of 91 ("Walker's Paradise"), located 0.5 miles from 7th Street/Metro Center Station with direct access to Metro B, D, A, and E lines
Two blocks west of the Financial District and within walking distance of the LA Convention Center, Crypto.com Arena, LA Live, and Grand Hope Park
Strategically positioned near multiple 2028 Summer Olympic venues, including the LA Memorial Coliseum, Crypto.com Arena, and BMO Stadium
Located adjacent to several large-scale mixed-use developments driving the continued westward expansion and revitalization of Downtown Los Angeles
Building Details
Building Size
16,056 SF
Year Built
1917
Buildings
1
Stories
4
Units
27
Construction
brick
Listing Agency:
Marcus & Millichap - Los Angeles
(213) 943-1897
Listed By:
Sean Rosenzweig · License #License(s): CA: 01406343
(213) 943-1897
Source:
Marcusmillichap
Added: May 18
Changed: Aug 31
Last Checked: Aug 31 at 3:13AM
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 - Los Angeles
Investment Insights
Based on property information with market context.
This four-story red brick apartment property was constructed in 1917 and contains 27 units: 23 studios, three one-bedroom/one-bath apartments, and one one-bedroom/two-bath apartment. The 16,056-square-foot building occupies a 6,218-square-foot lot. Improvements include renovated units with exposed original brick, efficient kitchen systems, refreshed hallway flooring, and enhancements to the rear patio and landscaping.
The property is located in Downtown Los Angeles's City West submarket, two blocks west of the Financial District. The 7th Street/Metro Center Station is less than a half-mile away, with access to the Metro B, D, A, and E lines. The LA Convention Center, Crypto.com Arena, LA Live, and Grand Hope Park are within walking distance. The property address is 722 Hartford Ave, Los Angeles, CA 90017.
The property is located in Downtown Los Angeles's City West submarket, two blocks west of the Financial District. The 7th Street/Metro Center Station is less than a half-mile away, with access to the Metro B, D, A, and E lines. The LA Convention Center, Crypto.com Arena, LA Live, and Grand Hope Park are within walking distance. The property address is 722 Hartford Ave, Los Angeles, CA 90017.
Key Highlights
- 27‑unit apartment community with 23 studios and 4 one‑bedroom units
- 16,056‑square‑foot building on a 6,218‑square‑foot lot
- Four‑story red brick construction dating to 1917
Property Analytics
Property Profile
Current Use
Lease Details
27
Residential units
Location Intelligence
Trade Area within ½ mile
11,553
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 Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-story brick apartments with renovated interiors, compact kitchens, and upgraded resident common areas in Downtown Los Angeles.
Where is this apartment building located?
The property is located at 722 Hartford Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 27‑unit apartment community with 23 studios and 4 one‑bedroom units; 16,056‑square‑foot building on a 6,218‑square‑foot lot; Four‑story red brick construction dating to 1917
