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Part of 41-Unit Portfolio w/ 6121 Crenshaw Bl 6736-6800 West Blvd 24 Unit Apartment Building $4,870,000 ($202,917/Unit) 7.03% Cap Rate Los Angeles, CA 90043
Investment Highlights
- JUST REDUCED!
- Extensive rehab & new dual-pane windows throughout
- 2 APNs, double lot
- Gated pedestrian and car access
Executive Summary
JUST REDUCED!
An attractively reimagined 24 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. There is an inherent efficiency with this building, in that it is made up of 2 parcels - you can get around the mandated on-site manager requirement. Very strong, long-term management - an easy one to take over, as a new Buyer.
6736-6800 West Blvd. 24 units on 2 lots of almost 21K sq. ft. total 9.51 GRM, 7.03% Cap Rate Exclusively Listed at $4,870,000.
Buildings can be sold separately.
Part of a 41-Unit Portfolio w/ 6121 Crenshaw Blvd. Can be sold together or separately.
An attractively reimagined 24 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. There is an inherent efficiency with this building, in that it is made up of 2 parcels - you can get around the mandated on-site manager requirement. Very strong, long-term management - an easy one to take over, as a new Buyer.
6736-6800 West Blvd. 24 units on 2 lots of almost 21K sq. ft. total 9.51 GRM, 7.03% Cap Rate Exclusively Listed at $4,870,000.
Buildings can be sold separately.
Part of a 41-Unit Portfolio w/ 6121 Crenshaw Blvd. Can be sold together or separately.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$504,415
|
$29.46
|
| Other Income |
$7,800
|
$0.46
|
| Vacancy Loss |
$15,132
|
$0.88
|
| Effective Gross Income |
$497,083
|
$29.03
|
| Taxes |
$58,343
|
$3.41
|
| Operating Expenses |
$96,510
|
$5.64
|
| Total Expenses |
$154,853
|
$9.04
|
| Net Operating Income |
$342,230
|
$19.99
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $504,415 |
| Annual Per SF | $29.46 |
| Other Income | |
|---|---|
| Annual | $7,800 |
| Annual Per SF | $0.46 |
| Vacancy Loss | |
|---|---|
| Annual | $15,132 |
| Annual Per SF | $0.88 |
| Effective Gross Income | |
|---|---|
| Annual | $497,083 |
| Annual Per SF | $29.03 |
| Taxes | |
|---|---|
| Annual | $58,343 |
| Annual Per SF | $3.41 |
| Operating Expenses | |
|---|---|
| Annual | $96,510 |
| Annual Per SF | $5.64 |
| Total Expenses | |
|---|---|
| Annual | $154,853 |
| Annual Per SF | $9.04 |
| Net Operating Income | |
|---|---|
| Annual | $342,230 |
| Annual Per SF | $19.99 |
Property Facts
| Price | $4,870,000 | Apartment Style | Low-Rise |
| Price Per Unit | $202,917 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 7.03% | Building Size | 17,122 SF |
| Gross Rent Multiplier | 9.51 | 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 | $4,870,000 |
| Price Per Unit | $202,917 |
| Sale Type | Investment |
| Cap Rate | 7.03% |
| Gross Rent Multiplier | 9.51 |
| 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 |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Total Assessment | $4,101,162 (2025) | |
| Land Assessment | $3,007,522 (2025) | Annual Taxes | $58,343 ($3.41/SF) |
| Improvements Assessment | $1,093,640 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$3,007,522 (2025)
Improvements Assessment
$1,093,640 (2025)
Total Assessment
$4,101,162 (2025)
Annual Taxes
$58,343 ($3.41/SF)
Tax Year
2026
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Part of 41-Unit Portfolio w/ 6121 Crenshaw Bl | 6736-6800 West Blvd