5202 Knowlton St 6 Unit Apartment Building $1,625,000 ($270,833/Unit) 5.36% Cap Rate Los Angeles, CA 90045

5202 Knowlton Street presents a rare opportunity to acquire a well-located six-unit multifamily asset in the highly desirable Westchester neighborhood of Los Angeles.
Offered at $1,625,000, the property delivers an attractive 5.36% cap rate and 11.23 GRM, making it an ideal investment for both seasoned and first-time multifamily investors
seeking stable cash flow with meaningful upside potential. Built in 1951, the property consists of 4,456 square feet of improvements and features a desirable unit mix of four two-bedroom, one-bath units and two one-bedroom, one-bath units. The building will be delivered with two vacant units, providing immediate upside through renovation and lease-up at market rents. The asset offers approximately 22% upside in rental income, allowing a new owner to significantly increase cash flow through strategic unit renovations and operational improvements. Positioned in prime Westchester, the property benefits from its proximity to major employment hubs including LAX, Playa Vista, and Silicon Beach, as well as convenient access to shopping, dining, and transportation corridors. Priced at $270,833 per unit and $365 per square foot, 5202 Knowlton Street represents a compelling value relative to comparable sales in the area, with the ability to enhance returns through interior upgrades and operational improvements.