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Part of a 41-Unit Portfolio w/ 6736-6800 West 6121 Crenshaw Blvd 17 Unit Apartment Building $3,170,000 ($186,471/Unit) 7.13% Cap Rate Los Angeles, CA 90043
Investment Highlights
- JUST REDUCED!
- Seismic retrofit completed
- Extensive rehab & new dual-pane windows throughout
- Gated pedestrian and car access
Executive Summary
JUST REDUCED!
An attractively reimagined 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 9.46 GRM, 7.13% Cap Rate
Exclusively Listed at $3,170,000
Buildings can be sold separately.
Part of a 41-Unit Portfolio w/ 6736-6800 West Blvd. Can be sold together or separately.
An attractively reimagined 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 9.46 GRM, 7.13% Cap Rate
Exclusively Listed at $3,170,000
Buildings can be sold separately.
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 |
$327,242
|
$43.33
|
| Other Income |
$7,700
|
$1.02
|
| Vacancy Loss |
$9,817
|
$1.30
|
| Effective Gross Income |
$325,125
|
$43.05
|
| Taxes |
$37,977
|
$5.03
|
| Operating Expenses |
$61,220
|
$8.11
|
| Total Expenses |
$99,197
|
$13.14
|
| Net Operating Income |
$225,928
|
$29.92
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $327,242 |
| Annual Per SF | $43.33 |
| Other Income | |
|---|---|
| Annual | $7,700 |
| Annual Per SF | $1.02 |
| Vacancy Loss | |
|---|---|
| Annual | $9,817 |
| Annual Per SF | $1.30 |
| Effective Gross Income | |
|---|---|
| Annual | $325,125 |
| Annual Per SF | $43.05 |
| Taxes | |
|---|---|
| Annual | $37,977 |
| Annual Per SF | $5.03 |
| Operating Expenses | |
|---|---|
| Annual | $61,220 |
| Annual Per SF | $8.11 |
| Total Expenses | |
|---|---|
| Annual | $99,197 |
| Annual Per SF | $13.14 |
| Net Operating Income | |
|---|---|
| Annual | $225,928 |
| Annual Per SF | $29.92 |
Property Facts
| Price | $3,170,000 | Apartment Style | Low-Rise |
| Price Per Unit | $186,471 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 7.13% | Building Size | 7,552 SF |
| Gross Rent Multiplier | 9.46 | 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 | $3,170,000 |
| Price Per Unit | $186,471 |
| Sale Type | Investment |
| Cap Rate | 7.13% |
| Gross Rent Multiplier | 9.46 |
| 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 | $37,977 ($5.03/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
$37,977 ($5.03/SF)
Tax Year
2026
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Part of a 41-Unit Portfolio w/ 6736-6800 West | 6121 Crenshaw Blvd