5470 W San Vicente BLVD, Los Angeles, CA 90019
5470 W San Vicente BLVD, Los Angeles, CA 90019
5470 W San Vicente BLVD, Los Angeles, CA 90019
5470 W San Vicente BLVD, Los Angeles, CA 90019
5470 W San Vicente BLVD, Los Angeles, CA 90019
5470 W San Vicente BLVD, Los Angeles, CA 90019
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Mark Perry

Mark Perry

+1(951) 760-8943
$ 1,400,000
Est. payment | /mo

6 Beds

6 Baths

3,944 SqFt

Save
$ 1,400,000
Est. payment | /mo
Save

6 Beds

6 Baths

3,944 SqFt

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by James Gilb James F. Gilb #00998653

Nearby Locations

Mark Perry

Making real estate fast, fun, and stress-free!

+1(951) 760-8943

mark@markperryrealty.com

41789 Nicole Ln, Temecula, CA 92591, USA

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5470 W San Vicente BLVD