1526 S Wooster St 5 Unit Apartment Building $2,695,000 ($539,000/Unit) 4.42% Cap Rate Los Angeles, CA 90035

Coldwell Banker Commercial NRT is pleased to present a rare opportunity to acquire a five-unit multifamily property in the highly desirable Pico-Robertson neighborhood, just minutes from Beverly Hills. This well-maintained low-rise building offers an attractive unit mix, including one three-bedroom plus den, two three-bedroom units, one two-bedroom unit, and one one-bedroom unit. Three of the five units have been extensively renovated with updated kitchens, modern baths, hardwood flooring, and stainless-steel appliances, providing immediate appeal to prospective tenants.
The property offers significant value-add potential, with several units currently leased below market rates, creating an opportunity for increased income and long-term appreciation. An assumable loan with favorable terms adds to the investment appeal. Residents benefit from a high Walk Score and proximity to major employment centers, retail, dining, and cultural amenities. Positioned in one of Los Angeles’ strongest rental markets, this asset combines stable in-place income with upside potential, making it an excellent choice for investors seeking a well-located property with growth prospects.
*** For a full marketing Offering Memorandum, please contact Listing Agent **