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11-Unit Apartment Portfolio
For Sale
$1,900,000

905 Sanborn Ave, Los Angeles, CA 90029

Two adjoining, LARD1.5-zoned properties share an open yard and dual-street frontage in Silver Lake.

Property Size5,977 SF
Lot Size0.26 Acres
Price / SF$317.89
Days on Market16

Property Features for 905 Sanborn Ave

General Information

Standard status Active
Size 5,977 SF
Lot size 0.26 Acres
Property subtype Residential Income
Zoning LARD1.5

Financials

Asking Price $1,900,000
Gross Income $172,488

Additional Details

Road Access Yes
Multifamily Units 11

Building Details

Buildings 2
Listing Agency: Bogari Agency
Listed By: Faye Bogari · License #01335549
Source: Exprealty
Added: Jul 31 Changed: Aug 14 Last Checked: Aug 15 at 11:09AM

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 Bogari Agency

Investment Insights

Based on property information with market context.

This offering combines two adjoining apartment properties at 905-907 Sanborn Avenue and 904-906 Manzanita Street. The portfolio contains 11 units and 5,977 square feet of improvements on approximately 11,110 square feet of land. Separate APNs serve each parcel, while a shared unfenced yard connects the sites. A rented garage is also included, and both properties are governed by a recorded covenant requiring a combined closing.

The LARD1.5-zoned properties provide frontage on two streets and are located in Silver Lake. Erewhon Market, restaurants, cafés, boutiques, and other neighborhood amenities are within walking distance. The sites also offer access to Los Feliz, Hollywood, Downtown Los Angeles, and major employment centers. Unit count, permits, rents, zoning, property boundaries, and other material details require independent buyer verification.

Key Highlights

  • 11‑unit apartment portfolio spanning two adjoining properties
  • Approximately 11,110 square feet of land and 5,977 square feet of improvements
  • LARD1.5 zoning across two parcels with separate APNs

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Travel Agency Locksmith (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store

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

11
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,265
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Two adjoining, LARD1.5-zoned properties share an open yard and dual-street frontage in Silver Lake.
Where is this apartment building located?
The property is located at 905 Sanborn Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 11‑unit apartment portfolio spanning two adjoining properties; Approximately 11,110 square feet of land and 5,977 square feet of improvements; LARD1.5 zoning across two parcels with separate APNs
More about this property
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