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4-Unit Quadplex with Townhouse Residence
New
For Sale
$2,695,000

864 Granville Ave, Los Angeles, CA 90049

Three residences have been remodeled, and the property has completed a soft-story seismic retrofit.

Property Size4,516 SF
Days on Market5

Property Features for 864 Granville Ave

General Information

Standard status Active
Size 4,516 SF
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 3BR/2BA, 2 x 1BR/1BA, 1 x 2BR/2BA
Multifamily Units 4
Parking per Unit 2

Additional Details

Utilities to Site Yes

Amenities

common laundry room
surveillance video camera system
hardwired Ring video doorbells

Building Details

Building Size 4,516 SF
Year Built 1965
Listing Agency: Remax Commercial and Investment Realty
Listed By: Jonathan Taksa · License #01366169
Source: Milsteinestates
Added: Oct 13 Changed: Oct 17 Last Checked: Oct 16 at 3:00PM

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 Remax Commercial and Investment Realty

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Investment Insights

Based on property information with market context.

This 4-unit quadplex contains 4,516 square feet and was built in 1965. Its unit mix includes a two-story, three-bedroom/two-bath residence with a private rear yard, two one-bedroom/one-bath units, and one two-bedroom/two-bath unit. Three residences have been remodeled. Features across the property include central HVAC in two units, in-wall air conditioners in the other two, a shared laundry room, and a video surveillance system. Gas and electricity are separately metered, and the building provides eight parking spaces.

Building improvements include copper plumbing, upgraded electrical, and a completed soft-story seismic retrofit. The SB 721 balcony inspection was completed with no work required. San Vicente Boulevard, UCLA, Santa Monica, Century City, and Westwood are among the nearby destinations identified for the property.

Key Highlights

  • Four residences totaling 4,516 square feet
  • Unit mix: one 3‑bedroom/2‑bath, two 1‑bedroom/1‑bath, and one 2‑bedroom/2‑bath residence
  • Two‑story owner's residence includes a private rear yard

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Barber Shop Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Food Market

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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,314
Businesses Nearby

Demographics for 90049, CA

36,980
Population
18,684
Households
2
Avg Household Size
41
Median Age
81%
College-Educated
99%
High-School Grad
15.0 sq mi
ZIP Area
2,465
Density / Sq Mi
$169,898
Median Household Income
$100,046
Median Earnings
$2,913
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Three residences have been remodeled, and the property has completed a soft-story seismic retrofit.
Where is this quadplex located?
The property is located at 864 Granville Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Four residences totaling 4,516 square feet; Unit mix: one 3‑bedroom/2‑bath, two 1‑bedroom/1‑bath, and one 2‑bedroom/2‑bath residence; Two‑story owner's residence includes a private rear yard
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