Map of Property

Bixel Apartments

316 N BIXEL ST, Los Angeles, CA 90026

  • For Sale $1,375,000
  • Property Type Multi-Family
  • Property Size 3,704 SF
  • Units 8
  • Lot Size 0.08 Acre
  • Zoning LACW
  • Additional Rent Contact for pricing
  • Year Built 1910
  • Date Updated Jul 31, 2024

The classic, two-story property features a well-maintained
wood frame and stucco building with vintage, character
architecture. The property includes a mix of one-bedroom and
studio units. Six of the eight units have been fully remodeled and
are achieving strong rents. The other two units are well below the
current market rent and will allow for steady increases or a large
increase in income when those units vacate. As an investment,
the property is offered at an attractive going-in Cap Rate with
over 25% remaining upside  The property was recently repainted with character accents
throughout. The common area floors and light fixtures were all
upgraded while preserving the character of the Property. The six
renovated units feature newer, modern flooring, new paint, fully
remodeled kitchens and bathrooms, and upgraded electrical.
The property also features a spacious upstairs, outdoor terrace
available to the tenants for their use. The property is separately
metered for gas and electric and master metered for water. There
are individual water heaters for each apartment, and there is also
coin-operated laundry on-site. There is no on-site parking so the
tenants utilize street parking.
316 N. Bixel is an incredible location perfectly centered between
Downtown Los Angeles, up-and-coming Historic Filipinotown,
trendy Echo Park and City West. Historic Filipino Town was
recently identified by Time Out as the 5th coolest neighborhood
in the world! Whether a tenant wants to go to Temple Seafood,
The Broad museum, Echo Park Lake, or Langer’s Deli, they are
all only a 5-minute drive! 316 Bixel is poised to take advantage
of the growing demand of this neighborhood and the strong
rent growth sure to follow.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Bryan Glenn Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    86/100 Very Walkable

  • Transit Score ®

    73/100 Excellent Transit

  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Echo Park
  • Zip Code 90026
  • Market Los Angeles

Points of Interest

  • Pershing Square

    0.96 miles

  • 7th Street/Metro Center

    1.08 miles

  • Chinatown

    1.09 miles

  • Chinatown Station

    1.10 miles

  • Westlake/MacArthur Park

    1.31 miles

  • Pico

    1.73 miles

  • Wilshire/Vermont

    2.04 miles

  • Lincoln/Cypress

    2.28 miles

  • Vermont/Beverly

    2.29 miles

  • Mariachi Plaza Metro Station Entrance

    2.35 miles

  • United Oil

    0.81 miles

  • Shell

    0.85 miles

  • Chevron

    0.87 miles

  • Arco

    0.89 miles

  • Shell

    0.95 miles

  • 76

    1.07 miles

  • Chevron

    1.08 miles

  • 76

    1.26 miles

  • Chevron

    1.28 miles

  • Shell

    1.49 miles

  • Promenade Towers Parking Garage

    0.43 miles

  • LADWP Employee Parking Only

    0.52 miles

  • LADWP Employee Parking Only

    0.52 miles

  • Dillingham lot

    0.61 miles

  • Music Center Parking

    0.62 miles

  • 333 South Hope Parking Garage

    0.75 miles

  • City National Plaza Parking Garage

    0.80 miles

  • Wells Fargo Center Parking Garage

    0.81 miles

  • Westin Bonaventure Hotel Parking Garage

    0.82 miles

  • 444 South Flower Parking Garage

    0.82 miles

  • Knights Inn Los Angeles

    0.17 miles

  • The L.A. Grand Hotel Downtown

    0.63 miles

  • Super 8 by Wyndham Los Angeles Downtown

    0.66 miles

  • Westin Bonaventure

    0.78 miles

  • Omni Los Angeles Hotel

    0.83 miles

  • Kawada Hotel

    0.88 miles

  • Hollywood Inn Express South

    0.90 miles

  • Central Lake Hotel

    0.91 miles

  • Best Western Plus Dragon Gate Inn

    0.92 miles

  • The Standard

    0.96 miles

  • The Park's Finest BBQ

    0.19 miles

  • Jack in the Box

    0.34 miles

  • Gra

    0.39 miles

  • Pupuseria Menchita

    0.49 miles

  • Guisados

    0.51 miles

  • Planet

    0.54 miles

  • Los Amigos Taqueria y

    0.57 miles

  • HiFi Kitchen

    0.58 miles

  • First and Hope Restaurant

    0.58 miles

  • Abernethy's

    0.58 miles

  • Edward R. Roybal Learning Center

    0.15 miles

  • Betty Plasencia Elementary School

    0.17 miles

  • Downtown Magnets High School

    0.27 miles

  • Newmark Continuation High School

    0.38 miles

  • Miguel Contreras Learning Complex

    0.42 miles

  • Belmont Community Adult School

    0.43 miles

  • Sal Castro Middle School

    0.44 miles

  • Evans Community Adult School

    0.52 miles

  • Belmont High School

    0.53 miles

  • Our Lady of Loretto School (former)

    0.54 miles

  • Neighborhood Nursery School

    2.81 miles

  • Gates Early Education Center

    2.92 miles

  • Komitas

    3.13 miles

  • HIC Daycare

    3.16 miles

  • Ralph M. Parsons Preschool

    4.11 miles

  • Vine Street Early Education Center

    4.50 miles

  • Vernon Adult Day Program

    5.48 miles

  • Centro de Ninos

    5.67 miles

  • Disney Day Care

    7.00 miles

  • Play Mountain Place

    7.28 miles

Frequently Asked Questions

How much does Bixel Apartments cost?

The space currently listed for sale at Bixel Apartments asks for $1,375,000.

What is the total square footage of Bixel Apartments?

Bixel Apartments totals 3,704 square feet.

When was this property built?

Bixel Apartments was built in 1910.

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Contact Listing Broker

broker

Bryan Glenn Is this you?

Kidder Mathews