2129 Aaron St - Apartments FOR SALE


Los Angeles, CA 90026- Echo Park
$4,300,000 USD
213-943-1897
2129 Aaron St, Los Angeles, CA for Sale
$4,300,000 USD
Apartments - FOR SALE
1/58
null | 5.26% Cap Rate

2129 Aaron St
Los Angeles, CA 90026
Echo Park


HIGHLIGHTS

  • Completed August 2025, the property delivers five modern units with premium finishes, open layouts, and zero renovation capital
  • Unrestricted rental upside allows ownership to set and adjust rents to market rates without regulatory limitations
  • Tenants pay all utilities, and unit-specific solar panels reduce tenant electric costs, increasing rentability while keeping owner expenses minimal
  • Drought-tolerant landscaping, new construction systems, and modern building materials create a low-maintenance ownership experience
  • Every unit includes in-unit W/D, central HVAC, stainless appliances, vinyl flooring, large kitchen islands, custom-tiled showers, and walk-in closets
  • Each unit has dedicated parking, a highly valued amenity in Los Angeles

OVERVIEW

The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale 2129 Aaron Street, a newly constructed 5-unit multifamily property in Los Angeles. Completed in August 2025, the property consists of 3 buildings across a 7,474-square-foot lot, featuring a mix of two-bedroom and four-bedroom units totaling 8,257 gross square feet. Each unit is thoughtfully designed with modern finishes and high-quality amenities, including open-concept floor plans, vinyl flooring (water-resistant) throughout, large center island kitchens with stainless steel appliances, custom-tiled bathrooms, in-unit washer and dryer, central heating and air conditioning, recessed lighting, and spacious walk-in closets in the primary bedrooms. The property is individually metered with tenants paying all utilities, and solar panels installed for each unit further reduce tenant electric costs, enhancing marketability and tenant retention. With no rent control, drought-tolerant landscaping for low maintenance, and assigned parking for every unit, 2129 Aaron Street presents a turnkey investment opportunity with strong income potential and minimal operational burden. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$521 USD /SF

# OF UNITS

5

PRICE/UNIT

$860,000

CAP RATE

5.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newly Constructed 5-Units | Echo Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,474 SF

ZONING

LARD2

APN/PARCEL ID

5423-005-009

ASK ABOUT THIS PROPERTY

Sean RosenzweigMarcus & MillichapMore Info
213-943-1897

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Sean RosenzweigMarcus & MillichapMore Info
213-943-1897

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.