REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,400,000
Est. payment /mo
New
5470 W San Vicente BLVD Los Angeles, CA 90019
6 Beds
6 Baths
3,944 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,944 sqft
Price per Sqft $354
MLS Listing ID 26995511
Bedrooms 6
HOA Y/N No
Year Built 1954
Lot Size 6,159 Sqft
Lot Dimensions Assessor
Property Description
1950's era 6-unit up/down apartment building in great rental area. This building is nestled amongst single family homes in a neighborhood that is primarily SFR, two, three and four unit apartment buildings. The building consists of 6 - 1-bedroom 1-bath apartments and a small car port. Building is pleasant and a perfect upleg target for a 1031 exchange out of a duplex, triplex or fourplex. There are four rents currently being collected that are well below market which provides an opportunity to an astute investor to realize this upside which is estimated to be 25.41%. Three units receive Section 8 assistance. San Vicente Boulevard in this area is a grand, wide street with a green belt median. At it's March 25, 2026 meeting, Metro Rail's board of directors voted to select the San Vicente - Fairfax alignment as the locally preferred alternative for a planned extension of the K Line to Hollywood. The K line extension of Metro Rail through this area should enhance access in the coming years and contribute to demand for apartments in the area. The building is located in a Mid-city Los Angeles location, which is north of the 10 Freeway and south of Wilshire Boulevard. This area enjoys a central locality and is just south of the Miracle Mile, close by car to Downtown Los Angeles, Hollywood and Beverly Hills. This property is surrounded by a vast pool of companies and traditional employers as well as educational institutions and government facilities. This contributes to the strong demand for apartments to rent in the area on top of the already acute demand based on the existing housing supply imbalance. Please call listing agent for more information and please to not walk on the property or disturb the tenants.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Disposal
Laundry None
Exterior
Parking Features Carport, Uncovered
View Y/N No
View None
Roof Type Composition,Shingle
Total Parking Spaces 5
Building
Faces North
Story 2
Entry Level Two
Sewer Other
Architectural Style French Provincial
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5085016001
Special Listing Condition Standard
Listed by James Gilb James F. Gilb #00998653
NEARBY SCHOOLS & PROPERTIES