90005 Homes with Apartment Subtype

Zip code 90005 is located in Los Angeles, California. This bustling area is part of the city of Los Angeles and falls within the boundaries of Los Angeles County.

One of the notable features of this zip code is the presence of homes with the apartment subtype. If you're looking for a property with this specific characteristic, you'll find a variety of options in this area.

Homes with the apartment subtype offer a unique living arrangement. They typically consist of a larger building or complex that is divided into multiple individual units or apartments. This can be an ideal choice for those who prefer a low-maintenance lifestyle or are looking for a rental property investment opportunity.

Living in a home with the apartment subtype in zip code 90005 offers several advantages. Firstly, you'll have access to a range of amenities that are often provided within the building or complex, such as a gym, pool, or communal spaces. Additionally, these properties are often located in convenient areas with easy access to shopping, dining, and entertainment options.

Whether you're interested in purchasing a property or renting an apartment, zip code 90005 offers a diverse selection of homes with the apartment subtype. With its prime location in Los Angeles, you'll find yourself in the heart of the city's vibrant culture and exciting opportunities.

Newest 90005 Homes with Apartment Subtype

$1,384,000

SR26132353 MLS ⋅ Active Status

The Berendo property currently consists of a turn-key ten multifamily units zoned LAR4-2, high density offering solid redevelopment potential. LAR4-2 zoning in Los Angeles permits high-density residential development, including apartment houses, multiple dwellings, and mixed use projects. The "LAR4" portion allows for 1 dwelling unit per 400 sq. ft. of lot area, while the "2" indicates a Height District 2 designation, generally allowing for unlimited height. Approximately 32% upside in rents. Separately metered for gas and electric. Individual water heaters. Pitched built up roof, raised foundation, gated. Fourteen parking spaces with new automatic gate. Well maintained property. Professionally managed. Excellent transportation. 96 Walkscore. Most recent single unit rented at $1,475 (June 2026). Newly reconstructed second floor exterior walkway. One block from Robert F. Kennedy Community School. Gated frontage and entry. Low maintenance landscaping. Unit mix consists of two, one bedroom units and eight large singles with kitchens. Can be delivered with two vacancies. Gross Rent Multiplier 9.95 at current rents, 7.54 at market. Capitalization rate 5.50% current, 8.16 at market. $138,400 cost per unit. $212 cost per square foot. Current rent per square foot at $2.30, estimated rent per square foot at market $2.67. Large lot with most parking leased separately.

749 S Berendo, Los Angeles

$1,850,000

OC26099417 MLS ⋅ Active Status

$50K PRICE REDUCTION. ACTUAL 9.1 GRM / 7.5% CAP RATE! Can Deliver 7 Units Vacant! 701 Crenshaw is located in the highly affluent and desirable Windsor Village/Hancock Park neighborhood in Los Angeles. This oversized apartment offers a tremendous investment opportunity for a first time or experienced investor in the area. This 2-story building was built in 1939 with a total size of 6,789 SF, and consists of large units that have been split into (4) 2/1 units and (4) studios plus a separate (1) studio owner’s unit above the garage. 7 out of the 9 current units have been lightly remodeled and can be delivered vacant at close of escrow, or kept as midterm rentals. There are 6 rear garage + 2 onsite parking spaces, and there is an opportunity to convert the garages into an ADU as an additional rental unit. Recent upgrades include updated electrical in progress. On a big 7,499 SF lot zoned LA-R3, the property is directly next to the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile, Mid-Wilshire, Beverly Hills, Grove, & Downtown LA ... Incredible opportunity to capitalize on the upcoming Olympics!

701 Crenshaw, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.