16-Unit Apartment
For Sale
Contact for pricing
770 N Hill Place, Los Angeles, CA 90012
Three-story 16-unit apartment building with a central courtyard, laundry area, and 15 on-site parking spaces.
Property Size10,880 SF
Lot Size0.24 Acres
Days on Market122
Property Features for 770 N Hill Place
General Information
Standard status
Active
Size
10,880 SF
Total Parking Spaces
15
Lot size
0.24 Acres
Property subtype
Multifamily
Zoning
R4
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
16
Building Details
Year Built
1965
Stories
3
Tenancy
Multi
Listing Agency:
Growth Investment Group
(626) 224-2495
Listed By:
Handoko Chen · License #01749321
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 3:51AM
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 Growth Investment Group
Investment Insights
Based on property information with market context.
This 16-unit apartment community at 770 N Hill Place is a three-story building built in 1965 and currently configured with a central courtyard and a dedicated laundry area. The unit mix consists of fifteen 1-bedroom / 1-bath units and one 3-bedroom / 1-bath unit. The property also features a soft-story retrofit and includes parking areas on both sides of the building with 15 spaces. The seller states the laundry machines are owned by the seller.
The property sits on a 10,428 SF lot that is described as R4 zoned. All units are rented to long-time tenants on a month-to-month basis.
The offering is positioned as a value-add multifamily investment, with rents reported as set on a month-to-month basis and the building provided as an income-producing apartment community for sale.
The property sits on a 10,428 SF lot that is described as R4 zoned. All units are rented to long-time tenants on a month-to-month basis.
The offering is positioned as a value-add multifamily investment, with rents reported as set on a month-to-month basis and the building provided as an income-producing apartment community for sale.
Key Highlights
- 16‑unit, 3‑story apartment building built in 1965 on a ±10,428 SF R4 zoned lot
- Total building size ±10,880 SF with central courtyard and a dedicated laundry area (seller owns laundry machines)
- Unit mix: fifteen 1BR/1BA and one 3BR/1BA; all units are rented to long‑time tenants on month‑to‑month terms
Property Analytics
Current Use
Lease Details
16
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,737
Businesses Nearby
Explore this area
Business Placement
Demographics for 90012, CA
33,851
Population
16,541
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
9,403
Density / Sq Mi
$67,635
Median Household Income
$44,901
Median Earnings
$2,116
Median Rent
$686,400
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 - Three-story 16-unit apartment building with a central courtyard, laundry area, and 15 on-site parking spaces.
Where is this apartment building located?
The property is located at 770 N Hill Place Los Angeles, CA.
What are key features of this property?
This property features: 16‑unit, 3‑story apartment building built in 1965 on a ±10,428 SF R4 zoned lot; Total building size ±10,880 SF with central courtyard and a dedicated laundry area (seller owns laundry machines); Unit mix: fifteen 1BR/1BA and one 3BR/1BA; all units are rented to long‑time tenants on month‑to‑month terms
