Multifamily Housing
3720 Kelton Ave Los Angeles, CA 90034
Details & Description
Price: $4,500,000
    The sale of the McArthur Apartments Development consists of 15,000 SF of RTI land located in the heart of McArthur Park. The property is ready to issue permits for a 60 unit construction project consisting of studio's, 1, and 2 bedrooms. 6 Units to be set aside for Extremely low income. The property is within walking distance to McArthur Park, Wilshire Blvd, and Downtown Los Angeles.
    Property Highlights
    Listing Agents
    Jordan Petito
    KW Commercial
    O: 310-734-2245
    M: 310-497-4362
    team@americapartner.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3720 Kelton Ave

    Los Angeles, CA 90034

    Listing ID: 272044
    3720 Kelton Ave Los Angeles, CA 90034 | for Sale | Photo 1
    Building Size: 15,000 SF
    Lot Size: 0.200 AC
    Land Size: 8,712 SF
    Building $/SF: $300.00
    Land $/SF: $516.53
    Price
    $4,500,000
    Property Highlights
    Property consists of 15,000 SF of R4-1 Tier 3 TOC
    29 x Studios, 22 x 1 Bedrooms, and 9 x 2 Bedrooms
    RTI for 60 units with 6 units set aside for ELI
    Description

    The sale of the McArthur Apartments Development consists of 15,000 SF of RTI land located in the heart of McArthur Park. The property is ready to issue permits for a 60 unit construction project consisting of studio's, 1, and 2 bedrooms. 6 Units to be set aside for Extremely low income. The property is within walking distance to McArthur Park, Wilshire Blvd, and Downtown Los Angeles.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Los Angeles History of Multifamily Housing for Sale

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    Los Angeles Area Market Trends

    Listing Demographics for 3720 Kelton Ave Los Angeles, CA 90034

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population50,406282,464794,933
    Population Median Age373939
    Population by Age0-9 Yrs4131 (8%)28304 (10%)71906 (9%)
    10-19 Yrs3106 (6%)22879 (8%)75301 (9%)
    20-29 Yrs11514 (22%)47589 (16%)142504 (17%)
    30-39 Yrs11949 (23%)52744 (18%)144704 (18%)
    40-49 Yrs7201 (14%)42216 (14%)107159 (13%)
    50-59 Yrs4993 (9%)32592 (11%)94604 (11%)
    60-69 Yrs4081 (8%)27729 (9%)79408 (9%)
    70+ Yrs3430 (6%)28411 (10%)79347 (9%)
    Median HH Income$77,988$88,450$84,485
    Total Household Income< 24K3451 (14%)17481 (14%)59292 (16%)
    25-49K3956 (16%)18929 (15%)52708 (15%)
    50-74K4096 (17%)17043 (13%)48092 (13%)
    75-99K3954 (16%)15789 (12%)40780 (11%)
    100-199K6229 (26%)33560 (27%)91602 (26%)
    200K+2266 (9%)21096 (17%)58659 (16%)
    Highest Education LevelNo Diploma27721849350197
    Diploma or GED38622199565961
    Some College692835088100156
    Assoc. Degree20131093332357
    Bachelors Degree1430472681199024
    Higher Degree1002956023139928
    Total Housing Units25,966133,817387,980
    --Owner-Occupied4,83748,262120,687
    --Renter-Occupied19,11575,637230,447
    Owner-Occupied Values< 100K667141843
    100-199K284051139
    200-299K556102301
    300-399K7014164414
    400-499K14122526436
    500K+447642865104554
    Total Working Age Population44,186239,360684,205
    In Work Force34,369170,184471,171
    Not In Work Force9,81769,176213,033
    Workforce Employed32,720162,597445,146
    Workforce Unemployed1,6497,54825,631
    Civlian Workforce34,369170,144470,777
    Military Workforce040394
    Total Households23,951123,899351,134
    Family Households10,00361,217161,997
    Non-Family Households13,94962,683189,137
    Married Couple7,46746,392117,131
    Other Family2,53614,82444,865
    Married w/Child3,00519,27745,687
    Single Male w/Child2301,5475,313
    Single Female w/Child5203,99312,897

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3720 Kelton Ave in Los Angeles?
    The asking price for 3720 Kelton Ave is $4,500,000
    What is the building size of this Multifamily property in Los Angeles, CA?
    The size of the building/unit at 3720 Kelton Ave in Los Angeles is 15,000 square feet
    How much land does the Los Angeles, CA property at 3720 Kelton Ave include?
    3720 Kelton Ave in Los Angeles includes 0.200 acres of land
    What is the population within 1 mile of 3720 Kelton Ave in Los Angeles?
    The population within 1 mile of 3720 Kelton Ave Los Angeles, CA 90034 is 50,406 people.
    Who do I contact for questions about 3720 Kelton Ave?
    You should contact the listing agent, Jordan Petito, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

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    1657 Malcolm Avenue, Los Angeles, CA $1,175,000 9484 -
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    Closest Commercial Airports

    Airport Distance (mi)
    Los Angeles International Airport (LAX) 5
    John Wayne Airport-Orange County Airport (SNA) 39
    Ontario International Airport (ONT) 47
    Price
    $4,500,000
    Listing Agent
    More listings from Jordan Petito
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