Multifamily in Los Angeles, CA — Sale in Los Angeles, CA

  • Price: $3.4M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 90731

Description

4.65% I/O Assumable Debt BEAUTIFUL VISTA DEL ORO LOCATION, waaaay up the hill, near Palos Verdes. Unparalleled "view" potential for a Builder. Unique, large, highly elevated, 19K square foot street-to-alley lot, affording a builder 12 condo or townhome potential with unobstructed views of the harbor, LA Basin and beyond. Maybe even more than 12. Zoning is LARD1.5. Buyer to verify. Currently, it's 12 charming, Spanish, bungalow-style units with tons of "old-school" charm - coved ceilings, arched doorways, original, resurfaced hardwood floors, walk-in closets, tile kitchens and baths….and a utility room with washer/dryer hookups in every unit. Mature, king palm trees line the walkways, around a water feature. The roofs were recently replaced, garage doors, also. The $150MM, 42 acre, West Harbor aka "Waterfront Redevelopment" and 35 acre AltaSea Science Center make San Pedro one of LA's most dynamic investment markets. And of course, it's home to one of LA County's largest employers, The Port of LA. An already-stable renting base that is only getting stronger. ASSUMABLE LOAN: 80+% LTV assumable note of $2,770,000 at 4.65% Interest-Only. Principal paydown amounts of $100K each May and December. Due Feb 2033. *SELLER WILL LIKELY ALLOW "CASH-FOR-KEYS" DIALOGUE WITH THE TENANTS DURING ESCROW. EXCLUSIVELY LISTED AT $3,399,000.

Market Context

This multifamily in Los Angeles, CA is listed for sale at $3,399,000. 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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