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Part of a 41-Unit Portfolio w/ 6736-6800 West 6121 Crenshaw Blvd 17 Unit Apartment Building $3,195,000 ($187,941/Unit) 7% Cap Rate Los Angeles, CA 90043
Investment Highlights
- Extensive rehab & new dual-pane windows throughout
- Seismic retrofit completed
- Gated pedestrian and car access
Executive Summary
An attractively reimaged 17 unit in a gentrifying LA submarket. The subject property has strong curb appeal with its electronically-controlled access, new paint and dual pane windows, throughout. Excellent 'walkability' to retail and dining along one of LA's better known thoroughfares. The property has ample open and carport parking - seismic retrofit complete, as well. A very straightforward investment option for an opportunistic Buyer.
6121 Crenshaw Blvd.
17 units on an almost 11K sq. ft. lot
9.56 GRM, 7.00 % Cap Rate
Exclusively Listed at $3,195,000
Part of a 41-Unit Portfolio w/ 6736-6800 West Blvd. Can be sold together or separately.
6121 Crenshaw Blvd.
17 units on an almost 11K sq. ft. lot
9.56 GRM, 7.00 % Cap Rate
Exclusively Listed at $3,195,000
Part of a 41-Unit Portfolio w/ 6736-6800 West Blvd. Can be sold together or separately.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$326,340
|
$43.21
|
| Other Income |
$7,700
|
$1.02
|
| Vacancy Loss |
$9,790
|
$1.30
|
| Effective Gross Income |
$324,250
|
$42.94
|
| Taxes |
$38,308
|
$5.07
|
| Operating Expenses |
$62,757
|
$8.31
|
| Total Expenses |
$101,065
|
$13.38
|
| Net Operating Income |
$223,185
|
$29.55
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $326,340 |
| Annual Per SF | $43.21 |
| Other Income | |
|---|---|
| Annual | $7,700 |
| Annual Per SF | $1.02 |
| Vacancy Loss | |
|---|---|
| Annual | $9,790 |
| Annual Per SF | $1.30 |
| Effective Gross Income | |
|---|---|
| Annual | $324,250 |
| Annual Per SF | $42.94 |
| Taxes | |
|---|---|
| Annual | $38,308 |
| Annual Per SF | $5.07 |
| Operating Expenses | |
|---|---|
| Annual | $62,757 |
| Annual Per SF | $8.31 |
| Total Expenses | |
|---|---|
| Annual | $101,065 |
| Annual Per SF | $13.38 |
| Net Operating Income | |
|---|---|
| Annual | $223,185 |
| Annual Per SF | $29.55 |
Property Facts
| Price | $3,195,000 | Apartment Style | Low-Rise |
| Price Per Unit | $187,941 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 7% | Building Size | 7,552 SF |
| Gross Rent Multiplier | 9.56 | Average Occupancy | 100% |
| No. Units | 17 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 2.12/1,000 SF |
| Zoning | LAC2 - Commercial | ||
| Price | $3,195,000 |
| Price Per Unit | $187,941 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Gross Rent Multiplier | 9.56 |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 7,552 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.12/1,000 SF |
| Zoning | LAC2 - Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 17 | - | 550 |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4006-004-015 | Total Assessment | $2,952,841 (2025) |
| Land Assessment | $2,187,291 (2025) | Annual Taxes | $38,308 ($5.07/SF) |
| Improvements Assessment | $765,550 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
4006-004-015
Land Assessment
$2,187,291 (2025)
Improvements Assessment
$765,550 (2025)
Total Assessment
$2,952,841 (2025)
Annual Taxes
$38,308 ($5.07/SF)
Tax Year
2026
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Part of a 41-Unit Portfolio w/ 6736-6800 West | 6121 Crenshaw Blvd
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