Part of 41-Unit Portfolio w/ 6121 Crenshaw Bl. — Sale in Los Angeles, CA
- Price: $4.9M
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Los Angeles, CA 90043
Description
Blended 7.0% Cap. Can be sold separately. 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. 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
Market Context
This multifamily in Los Angeles, CA is listed for sale at $4,895,000. It has been on the market for 195 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.
Contact
- Brice W. Head, MBA · 310 344 8218 · brice.head@cbre.com
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