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6922 Glasgow Ave 3 Unit Apartment Building $1,450,000 ($483,333/Unit) Los Angeles, CA 90045

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EXECUTIVE SUMMARY

Triplex in the trending Westchester neighborhood of Los Angeles! Currently one of the most sought after multifamily rental pockets due to recent major area development and in-place prime demographics which include an average household income of $90,782 within a 1-mile radius and a population of 830,616 residents and 321,000 employees within a 5 miles radius to draw upon. Ease of management unit mix: 1 bed 1 bath 750 sq. ft. |1 bed 1 bath 750 sq. ft. | 2 bed 1 bath 1,025 sq. ft. Clean building with large, updated units and well laid out floor plans with an emphasis on functionality and natural lighting. Tenants enjoy in unit washer/dryer and rear on-site garage parking. Neighborhood walk score of 83 highlighted by a 3-minute walk to the newly built Interchange at La Cienega Retail Center anchored by Amazon Fresh. 5-minute drive to Ralphs, CVS, Smart & Final, Starbucks, and Trader Joe's. 10-minute drive to Loyola Marymount University, Pepperdine University West Los Angeles Graduate Campus, Westfield Mall Culver City, The Promenade at Howard Hughes Center, Los Angeles International Airport, SoFi Stadium, Kenneth Hahn State Recreation Area, Ballona Creek Bike Path, and Dockweiler State Beach. Superior access to the 405 Freeway. Bonus upside/value add LAR3 zoning optional rear ADU or JADU add on project or full development.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $81,000 $32.04
Other Income - -
Vacancy Loss - -
Effective Gross Income $81,000 $32.04
Taxes - -
Operating Expenses - -
Total Expenses $22,815 $9.02
Net Operating Income $58,185 $23.02

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income
Annual $81,000
Annual Per SF $32.04
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $81,000
Annual Per SF $32.04
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $22,815
Annual Per SF $9.02
Net Operating Income
Annual $58,185
Annual Per SF $23.02

PROPERTY FACTS

Price $1,450,000
Price Per Unit $483,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.21 AC
Building Size 2,528 SF
Average Occupancy 100%
No. Stories 2
Year Built 1948
Parking Ratio 1.19/1,000 SF
Zoning LAR3 - Bonus/Value-add upside LAR3 zoning land components

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 $2,350 -
1+1 1 $2,150 -
1+1 1 $2,250 -
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36630697

  • Date on Market: 7/7/2025

  • Last Updated:

  • Address: 6922 Glasgow Ave, Los Angeles, CA 90045

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