2129 Aaron Street — Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 90026

Investment Figures

Cap rate
5.26%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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. Investment Highlights: • Completed August 2025, the property delivers five modern units with premium finishes, open layouts, and high-quality amenities — requiring zero deferred maintenance or 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 features in-unit washer/dryer, central HVAC, stainless steel appliances, vinyl flooring (water-resistant)

Market Context

This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Los Angeles, CA — view the full market.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.

Its 5.3% asking cap rate is above the Greater Los Angeles multifamily market average of about 5.0%, implying a higher yield (and typically more risk or upside) than comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?
About 5.0% as of Q1 2026, per multiple brokerage reports.

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