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41-Unit Portfolio 2 Multifamily Properties Offered at $11,292,993 CAD in Los Angeles, CA

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INVESTMENT HIGHLIGHTS

  • Extensive rehab & new dual-pane windows throughout
  • Gated pedestrian and car access
  • 2 APNs, double lot at West bldgs
  • Extensive rehab & new dual-pane windows throughout
  • Seismic retrofit completed

EXECUTIVE SUMMARY

24 units on over 20K sq. ft. ADU potential, too.
17 units along the Metro K Line in the Crenshaw Corridor.
ECONOMIES OF SCALE NEAR VIEW HEIGHTS.
First, a 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.
Second, a 17-unit in the gentrifying Crenshaw Corridor. A hotbed of new private and municipal investment; for example, there are newer-construction apartments next door and across the street - and the Crenshaw Corridor Specific Plan includes the Metro K Line. This building has secured pedestrian and car access, newer dual-pane windows and has been seismically-retrofitted.
BOTH ASSETS BENEFIT FROM CONSCIENTIOUS MAINTENANCE, THOUGHTFUL REHAB AND UPGRADES. STRONG MANAGEMENT AND OWNERSHIP, OVER THE YEARS.
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
6121 Crenshaw Blvd.
17 units on an almost 11K sq. ft. lot
9.37 GRM, 7.24% Cap Rate
Exclusively Listed at $3,195,000
Buildings can be sold separately.
Email or call with questions or interest.

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

ANNUAL (CAD)
Gross Rental Income $1,177,611
Other Income $21,637
Vacancy Loss $35,328
Effective Gross Income $1,163,920
Taxes $135,403
Operating Expenses $220,178
Total Expenses $355,581
Net Operating Income $808,338

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $1,177,611
Other Income (CAD)
Annual $21,637
Vacancy Loss (CAD)
Annual $35,328
Effective Gross Income (CAD)
Annual $1,163,920
Taxes (CAD)
Annual $135,403
Operating Expenses (CAD)
Annual $220,178
Total Expenses (CAD)
Annual $355,581
Net Operating Income (CAD)
Annual $808,338

PROPERTY FACTS

Price $11,292,993 CAD
Price / SF $457.69 CAD / SF
Cap Rate 7.20%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 24,674 SF
Total Land Area 0.48 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Tropicana
6736-6800 West Blvd, Los Angeles, CA 90043
Multifamily 17,122 SF 1957 $6,833,029 CAD
6121 Crenshaw Blvd, Los Angeles, CA 90043 Multifamily 7,552 SF 1964 $4,459,965 CAD
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  • Listing ID: 37923794

  • Date on Market: 2025-10-02

  • Last Updated:

  • Address: 41-Unit Portfolio, Los Angeles, CA

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