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Courtyard Apartment Building
For Sale
$3,600,000

8016 Selma Ave Los, Los Angeles, CA 90046

French Normandy architecture with a varied unit mix near the Sunset Strip and dedicated off-street parking.

Property SizeContact for details
Days on Market132

Property Features for 8016 Selma Ave Los

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR/2BA townhouse, 4 x 1BR/1BA
Multifamily Units 8

Amenities

original stained glass windows
decorative fireplace mantles
original hardwood flooring
laundry hook-ups
private rear service entrance
Cooling: Wall/Window
Heating: Gravity
Gas
Asphalt, Rolled/Hot Mop

Building Details

Year Built 1937
Buildings 1
Stories 2
Construction French Normandy courtyard
Listing Agency: Keller Williams Larchmont
Listed By: Steven Senigram · License #01133383
Source: Kw
Added: Apr 23 Changed: Aug 31 Last Checked: Sep 1 at 12:29AM

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 Keller Williams Larchmont

Investment Insights

Based on property information with market context.

Built in 1937, this French Normandy courtyard apartment property at 8016 Selma Ave comprises 8 units: four two-bedroom, two-bath townhouse-style residences and four one-bedroom, one-bath units. Original details include stained-glass living room windows, tiled kitchen walls, decorative fireplace mantels, ironwork, hardwood floors, and magnesite stairways. Each residence has a rear service entrance and laundry hookups.

The property sits two blocks from Chateau Marmont at the east entry of the Sunset Strip in Los Angeles. The oversized lot measures over 14,000 square feet and includes two rear four-car garages with a remote-operated gate, providing off-street parking for the units. Main electrical boxes have been upgraded, interior panels are upgraded in 6 of the 8 units, and 80% of the plumbing supply lines have been replaced.

Key Highlights

  • 8 units with four 2‑bedroom/2‑bath townhouse‑style units and four 1‑bedroom/1‑bath units
  • Over 14,000 square feet of lot area at 8016 Selma Ave
  • Two blocks from Chateau Marmont at the east entry of the Sunset Strip

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Catering Service

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,773
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
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 - French Normandy architecture with a varied unit mix near the Sunset Strip and dedicated off-street parking.
Where is this apartment building located?
The property is located at 8016 Selma Ave Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 8 units with four 2‑bedroom/2‑bath townhouse‑style units and four 1‑bedroom/1‑bath units; Over 14,000 square feet of lot area at 8016 Selma Ave; Two blocks from Chateau Marmont at the east entry of the Sunset Strip
More about this property
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