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Two-Story 10-Unit Apartment Building
For Sale
$2,995,000

7933 Alverstone Ave, Los Angeles, CA 90045

Updated kitchens and a rear covered carport complement the apartment layout.

Property Size7,832 SF
Lot Size0.32 Acres
Days on Market298

Property Features for 7933 Alverstone Ave

General Information

Standard status Active
Size 7,832 SF
Lot size 0.32 Acres
Property subtype MULTI_FAMILY

Units

Unit Mix 6 x 1BR/1BA, 4 x 2BR/1BA
Multifamily Units 10

Building Details

Building Size 7,832 SF
Year Built 1953
Buildings 1
Stories 2
Listing Agency: Berkadia
Listed By: Steffan Braunlich · License #01859098
Source: Milsteinestates
Added: Nov 1, 2025 Changed: Aug 18 Last Checked: Aug 24 at 2:04PM

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 Berkadia

Investment Insights

Based on property information with market context.

This 10-unit apartment building was constructed in 1953 and offers a two-story configuration with six one-bedroom, one-bath residences and four two-bedroom, one-bath residences. Interior updates include wood cabinetry, modern appliances, gas ranges, built-in microwaves, ceiling fans, light wood flooring in select units, and large windows. White wall finishes and updated kitchens contribute to a clean, contemporary presentation while retaining mid-century character.

The property occupies an oversized 14,124 SF lot in Westchester near LAX. Mature landscaping, a maintained lawn, and tropical palm trees provide established outdoor appeal. A covered carport at the rear supplies on-site parking for residents.

Key Highlights

  • 10‑unit apartment building constructed in 1953
  • Unit mix includes six 1‑bedroom/1‑bath units and four 2‑bedroom/1‑bath units
  • Two‑story building on an oversized 14,124 SF lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Carpet & Flooring Store Furniture & Home Goods Wine and Liquor Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby

Demographics for 90045, CA

41,035
Population
17,981
Households
2.3
Avg Household Size
36
Median Age
64%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,800
Density / Sq Mi
$132,577
Median Household Income
$68,684
Median Earnings
$2,909
Median Rent
$1,322,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated kitchens and a rear covered carport complement the apartment layout.
Where is this apartment building located?
The property is located at 7933 Alverstone Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 10‑unit apartment building constructed in 1953; Unit mix includes six 1‑bedroom/1‑bath units and four 2‑bedroom/1‑bath units; Two‑story building on an oversized 14,124 SF lot
More about this property
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