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8 Units in South LA 3 Multifamily Properties Offered at $4,000,000 in Los Angeles, CA

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INVESTMENT HIGHLIGHTS

  • Newer Construction: Built between 2009–2020, all non-rent-controlled.
  • Large Units: Mix of 3–5 bed layouts ideal for families or co-living.
  • Prime Locations: Near USC, DTLA, and major freeways.
  • Discounted Pricing & Strong Returns: In-place CAP rates from 4.94%–6.29% with pro forma upside up to 7.59%
  • On-Site Parking: Garages, driveways, and outdoor spaces at all sites.

EXECUTIVE SUMMARY

This three-property portfolio features newer construction duplexes and a 4-unit building across key South LA submarkets, offering a combined 8 units and 26 bedrooms—all exempt from City of LA Rent Control. Built between 2009 and 2020, the assets total over 12,000 rentable square feet and are designed for family and co-living tenants alike. With in-place CAP rates now ranging from 4.94% to 6.29% and pro forma returns as high as 7.59%, the portfolio has been significantly discounted to provide stronger day-one cash flow alongside substantial rental growth potential.
All three assets offer ample parking, low maintenance, and modern layouts in highly accessible locations near USC, Downtown LA, and major freeways. With current pricing adjusted to deliver some of the most competitive returns in the market, this portfolio presents a rare chance for investors to acquire scale, stability, and long-term upside at an even more compelling value.

PROPERTY FACTS

Price $4,000,000
Price / SF $280.72 / SF
Cap Rate 5.29%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 1
Total Building Size 14,249 SF
Total Land Area 0.46 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
814-816 1/2 W 47th St, Los Angeles, CA 90037 Multifamily 8,500 SF 2020 $2,100,000
240 W 46th St, Los Angeles, CA 90037 Multifamily 3,969 SF 2017 -
660 W 94th St, Los Angeles, CA 90044 Multifamily 1,780 SF 2009 -
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  • Listing ID: 35845415

  • Date on Market: 5/13/2025

  • Last Updated:

  • Address: 8 Units in South LA, Los Angeles, CA

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