41-Unit Portfolio — Sale in Los Angeles, CA

  • Price: $8.1M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 90043

Description

Blended 7.0% Cap. Can be sold separately. 24 units on over 20K sq. ft. ADU potential, too. 17 units along the Metro K Line in the Crenshaw Corridor. ECONOMIES OF SCALE NEAR VIEW HEIGHTS. First, a 24-unit complex made up of two 12-unit buildings that share a common, secured entry. There's an inherent efficiency of operation, here - two 12-unit buildings on each parcel; therefore, NO state-mandated on-site manager, required. Most units rehabbed over the recent past and dual-pane windows, throughout. Large lots - ADU additions possible in the rear. Second, a 17-unit in the gentrifying Crenshaw Corridor. A hotbed of new private and municipal investment; for example, there are newer-construction apartments next door and across the street - and the Crenshaw Corridor Specific Plan includes the Metro K Line. This building has secured pedestrian and car access, newer dual-pane windows and has been seismically-retrofitted. BOTH ASSETS BENEFIT FROM CONSCIENTIOUS MAINTENANCE, THOUGHTFUL REHAB AND UPGRADES. STRONG MANAGEMENT AND OWNERSHIP, OVER THE YEARS. 6736-6800 West Blvd. 24 units on 2 lots of almost 21K sq. ft. total 9.45 GRM, 7.00% Cap Rate Exclusively Listed at $4,895,000 6121 Crenshaw Blvd. 17 units on an almost 11K sq. ft. lot 9.56 GRM, 7.00% Cap Rate Exclusively Listed at $3,195,000 Buildings can be sold separately. Email or call with questions or interest.

Market Context

This multifamily in Los Angeles, CA is listed for sale at $8,090,000. It has been on the market for 196 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.

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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