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The subject property is a ten-unit apartment complex located in South Los Angeles. The structures were built in 1924 and contain 4,620 square feet. The site has 7,876 square feet of land and is zoned LAC2. The unit mix is 8 one-bedroom apartments and 2 singles. Currently, the units are producing $8,681 per month and $104,176 annually. At list, the GRM is 9.59 (with low in-place rents) and the Cost Per Unit is just $100,000. This is an excellent add-value opportunity for any investor
Property Type(s):
Residential Income
| Last Updated | 1/23/2026 | Year Built | 1924 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C42 - Downtown L.A. |
| HEAT | Wall Furnace |
| LOT | 7880 sq ft |
| LOT DIMENSIONS | 7878 |
| STORIES | 1 |
Location
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Listed with McAlpin & Company
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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