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Part of 41-Unit Portfolio w/ 6121 Crenshaw Bl 6736-6800 West Blvd 24 Unit Apartment Building $4,895,000 ($203,958/Unit) 7.10% Cap Rate Los Angeles, CA 90043
Investment Highlights
- 24 units just over the Inglewood border
- Extensive rehab & new dual-pane windows throughout
- 2 APNs, double lot
- Gated pedestrian and car access
Executive Summary
24-unit complex made up of two 12-unit buildings that share a common, secured entry. There's an inherent efficiency of operation, here - two 12-unit buildings on each parcel; therefore, NO state-mandated on-site manager, required. Most units rehabbed over the recent past and dual-pane windows, throughout. Large lots - ADU additions possible in the rear.
6736-6800 West Blvd.
24 units on 2 lots of almost 21K sq. ft. total
9.45 GRM, 7.10% Cap Rate
Exclusively Listed at $4,895,000
6736-6800 West Blvd.
24 units on 2 lots of almost 21K sq. ft. total
9.45 GRM, 7.10% Cap Rate
Exclusively Listed at $4,895,000
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$510,333
|
$29.81
|
| Other Income |
$7,800
|
$0.46
|
| Vacancy Loss |
$15,310
|
$0.89
|
| Effective Gross Income |
$502,823
|
$29.37
|
| Taxes |
$58,691
|
$3.43
|
| Operating Expenses |
$96,510
|
$5.64
|
| Total Expenses |
$155,201
|
$9.06
|
| Net Operating Income |
$347,622
|
$20.30
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $510,333 |
| Annual Per SF | $29.81 |
| Other Income | |
|---|---|
| Annual | $7,800 |
| Annual Per SF | $0.46 |
| Vacancy Loss | |
|---|---|
| Annual | $15,310 |
| Annual Per SF | $0.89 |
| Effective Gross Income | |
|---|---|
| Annual | $502,823 |
| Annual Per SF | $29.37 |
| Taxes | |
|---|---|
| Annual | $58,691 |
| Annual Per SF | $3.43 |
| Operating Expenses | |
|---|---|
| Annual | $96,510 |
| Annual Per SF | $5.64 |
| Total Expenses | |
|---|---|
| Annual | $155,201 |
| Annual Per SF | $9.06 |
| Net Operating Income | |
|---|---|
| Annual | $347,622 |
| Annual Per SF | $20.30 |
Property Facts
| Price | $4,895,000 | Apartment Style | Low-Rise |
| Price Per Unit | $203,958 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 7.10% | Building Size | 17,122 SF |
| Gross Rent Multiplier | 9.45 | No. Stories | 2 |
| No. Units | 24 | Year Built | 1957 |
| Property Type | Multifamily | Parking Ratio | 1.75/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAC2 - Commercial | ||
| Price | $4,895,000 |
| Price Per Unit | $203,958 |
| Sale Type | Investment |
| Cap Rate | 7.10% |
| Gross Rent Multiplier | 9.45 |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 17,122 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | LAC2 - Commercial |
Amenities
Unit Amenities
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Gated
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 500 |
| 2+1 | 4 | - | 650 |
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Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Numbers | Total Assessment | $4,101,162 | |
| Land Assessment | $3,007,522 | Annual Taxes | $58,691 ($3.43/SF) |
| Improvements Assessment | $1,093,640 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$3,007,522
Improvements Assessment
$1,093,640
Total Assessment
$4,101,162
Annual Taxes
$58,691 ($3.43/SF)
Tax Year
2025
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Part of 41-Unit Portfolio w/ 6121 Crenshaw Bl | 6736-6800 West Blvd
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