6112-6114 Saturn St 4 Unit Apartment Building $1,750,000 ($437,500/Unit) 5.35% Cap Rate Los Angeles, CA 90035

Marcus & Millichap presents 6112-6114 Saturn Street, a four-unit multifamily investment opportunity located in the Faircrest Heights neighborhood of Mid-City Los Angeles. Constructed in 1946, the property includes three original units, and one ADU that was completed in March of 2025. The unit mix comprises one 2-bedroom/1 bathroom unit, two renovated 2-bedroom/1-3/4-bathroom units, one renovated 2-bedroom/1-3/4-bathroom unit which includes a bonus room that can be used as a third bedroom or an office. Sitting on a 5,401 square foot lot, the parcel is zoned RD1.5-1-O. All units are individually metered for gas and electricity. Three of the units (6114, 6112-1/4, and 6112-1/2) have new tankless water heaters, new dishwashers, stainless steel appliances, new kitchen cabinets and central HVAC or split system HVAC, and washer/dryer hookups inside the unit. This property can be an excellent owner/user opportunity or can be used as an investment property.
Situated east of La Cienega and just south of Pico Blvd., 6112-6114 Saturn Street is within proximity to multiple bus stops for tenants that use public transportation. Other amenities in the area include multiple synagogues, restaurants, retail shops and various businesses that can be found along Pico Blvd. and La Cienega Blvd, two major thoroughfares in Los Angeles. For commuters, the property is conveniently located within a mile from the 10 freeway and provides tenants with ease of access throughout all of Los Angeles. The area is one of the most densely populated neighborhoods in Los Angeles with consistently high rental demand for apartment units.