Log In/Sign Up
Your email has been sent.
8 UNITS 90018 - 6.01% CAP RATE & 10.28 GRM 1862 W 20th St 36 Unit Apartment Building $1,595,000 ($44,306/Unit) 6.01% Cap Rate Los Angeles, CA 90007
Investment Highlights
- Seven 1-bedroom/1-bath units and one 2-bedroom/2-bath units, and appealing to a broad renter base and supporting stable occupancy.
- Recent upgrades include newer exterior paint, updated lighting, and new building and unit identification, and security cameras enhancing curb appeal.
- Each unit is separately metered for gas and electricity, allowing for efficient utility management and improved operating expense control.
- Three out of the eight units have been renovated, providing a turnkey investment profile and minimizing near-term capital expenditure requirements.
- The property offers on-site ample secure gated parking, a valuable amenity in a dense Los Angeles submarket that supports tenant retention.
- Proximity to major employment centers and transportation corridors, providing convenient access throughout the greater Los Angeles metro.
Executive Summary
BRC Advisors is offering a stabilized 8-unit multifamily investment in a strong rental corridor of Los Angeles. Constructed in 1965, the property consists of seven (7) 1-bedroom / 1-bathroom units and one (1) 2-bedroom / 1-bathroom unit, offering a desirable unit mix that appeals to a broad tenant base. The asset is currently fully occupied, providing immediate in-place income and operational stability for an investor seeking dependable cash flow. The building contains approximately 5,481 rentable square feet and is
situated on a 6,694 square foot lot. Its full occupancy and established tenancy make it a compelling opportunity for buyers looking for a performing asset with day-one income rather than a heavy repositioning play. The property’s efficient scale is also attractive for private investors and operators seeking manageable oversight without sacrificing meaningful unit count. Tenant convenience and retention are supported by practical on-site amenities, including an on-site laundry facility and gated, secured on-site parking. These features enhance the property’s appeal in a competitive leasing environment and contribute to long-term desirability.
Offering Memorandum provided in LoopNet Listing. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds & Pre-Qualification Letter with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Sellers are licensed real estate broker in the state of California.
situated on a 6,694 square foot lot. Its full occupancy and established tenancy make it a compelling opportunity for buyers looking for a performing asset with day-one income rather than a heavy repositioning play. The property’s efficient scale is also attractive for private investors and operators seeking manageable oversight without sacrificing meaningful unit count. Tenant convenience and retention are supported by practical on-site amenities, including an on-site laundry facility and gated, secured on-site parking. These features enhance the property’s appeal in a competitive leasing environment and contribute to long-term desirability.
Offering Memorandum provided in LoopNet Listing. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds & Pre-Qualification Letter with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Sellers are licensed real estate broker in the state of California.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,595,000 | Apartment Style | Low-Rise |
| Price Per Unit | $44,306 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 6.01% | Building Size | 5,481 SF |
| Gross Rent Multiplier | 10.28 | Average Occupancy | 100% |
| No. Units | 36 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.46/1,000 SF |
| Zoning | LAR3 - Limited Density Multiple Residence | ||
| Price | $1,595,000 |
| Price Per Unit | $44,306 |
| Sale Type | Investment |
| Cap Rate | 6.01% |
| Gross Rent Multiplier | 10.28 |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,481 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | LAR3 - Limited Density Multiple Residence |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Fenced Lot
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $2,749 | 750 |
| 1+1 | 35 | $1,555 | 675 |
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 5075-030-006 | Improvements Assessment | $130,050 (2025) |
| Land Assessment | $1,248,480 (2025) | Total Assessment | $1,378,530 (2025) |
Property Taxes
Parcel Number
5075-030-006
Land Assessment
$1,248,480 (2025)
Improvements Assessment
$130,050 (2025)
Total Assessment
$1,378,530 (2025)
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
8 UNITS 90018 - 6.01% CAP RATE & 10.28 GRM | 1862 W 20th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.