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5203 Knowlton St
Los Angeles, CA 90045
West Los Angeles Multifamily Development/JV · Multifamily Property For Sale · 217 Units

INVESTMENT HIGHLIGHTS

  • Experience the option of building a multifamily project entitled for 174 units increased to 217 with ADU or 504 100% affordable units with AHIP.
  • The Legacy Apartments aims to provide a rooftop pool, fitness and business centers, eco-friendly landscape design, efficient floor plans, and parking.
  • 5203 Knowlton Street is home to a 100% occupied 50-unit apartment complex with garages, on-site laundry, park-like landscaping, and updated utilities.
  • Residents have access to all LA has to offer, less than 2 miles from the SoFi Arena, high-end shopping, and world-famous beach destinations.
  • Walkable to everyday essentials such as Amazon Fresh, Marshalls, Chick-fil-A, Dunkin', CVS Pharmacy, Petco, and 24-Hour Fitness.
  • Strategically, within a residential area with over 90,912 households within a 3-mile radius of the site, of which 57% of homes are renter-occupied.

PROPERTY FACTS

No. Units 217
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 2.02 AC
Construction Status Proposed
Building Size 310,000 SF
Average Occupancy 100%
No. Stories 5
Parking Ratio 0.64/1,000 SF
Zoning Multi-Family - Currently, 5203 Knowlton Street operates as a 50-unit apartment building with 50 detached garages spanning the entire city block on Knowlton Street.

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Security System
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Satellite TV
  • Oven
  • Sprinkler System
  • Carpet
  • Wi-Fi
  • Yard
  • Deck
  • Double Pane Windows
  • Lawn
  • Recreation Room
  • Window Coverings
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Courtyard
  • Gated
  • Vintage Building
  • Wi-Fi
  • Lounge

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 11 - -
1+1 151 - -
2+1 52 - -
3+1 3 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4103-001-001
Land Assessment
$269,787
Improvements Assessment
$522,747
Total Assessment
$792,533
  • Listing ID: 35176216

  • Date on Market: 2025-03-18

  • Last Updated:

  • Address: 5203 Knowlton St, Los Angeles, CA 90045

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