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South Central Location | Value-Add Potential 533-535 W 75th St 7 Apartment Units Online Auction Sale Los Angeles, CA 90044
Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- Investors will delight in this value-add multifamily building in the Historic South Central Los Angeles neighborhood.
- Renters appreciate the proximity to retailers and conveniences close by like McDonald’s, Burger King, Pizza Hut, and many more.
- Buyers benefit from strong demand, with 72% of households within a 1-mile radius being renter-occupied.
- Positioned with tenants in mind just off the 110 near public transit stops quickly connecting the property throughout the Los Angeles metro.
- Offering easy access to key destinations such as the University of Southern California and the Los Angeles International Airport.
EXECUTIVE SUMMARY
Secure a strong-performing asset in the thriving South Central Los Angeles market.
533-535 W 75th Street offers investors a value-add opportunity within a buzzing neighborhood. This character-rich seven-unit multifamily property spans 5,848 square feet across two stories and has stood as a proud fixture in the neighborhood since its original construction in 1964. Featuring a clean, modern façade and thoughtful upgrades throughout the years, the building offers sun-filled, inviting apartments that tenants are proud to call home. The well-balanced unit mix includes two one-bedroom and five two-bedroom residences, providing broad tenant appeal. Situated on a generous 0.84-acre lot with convenient on-site parking, the property has plenty of outdoor space. The asset is currently 83% occupied, presenting investors with a prime value-add opportunity to lease remaining units at market rates, increase net operating income, and enhance long-term returns.
Perched in the Historic South Central Los Angeles neighborhood, this property is a part of the South Los Angeles multifamily landscape. This area has seen excellent redevelopment and growth over the past years, making it an enticing place for investment. The University of Southern California is a part of this area, bringing in an educated workforce. Nearby Inglewood is also seeing a revitalization with SoFi Stadium and Intuit Dome. The property is also close to the Los Angeles International Airport and many metro lines, boding well for commuters.
The Los Angeles multifamily market presents a compelling opportunity for investors as the second-largest in the nation, supported by a diverse and robust economy. Within a 2-mile radius of this asset, the average annual consumer spending exceeds $1.64 billion. Additionally, with approximately 65% of households being renter-occupied, the area offers strong demand and presents a prime opportunity for multifamily investment.
Property tours are available by appointment only. Please contact the listing broker to schedule.
533-535 W 75th Street offers investors a value-add opportunity within a buzzing neighborhood. This character-rich seven-unit multifamily property spans 5,848 square feet across two stories and has stood as a proud fixture in the neighborhood since its original construction in 1964. Featuring a clean, modern façade and thoughtful upgrades throughout the years, the building offers sun-filled, inviting apartments that tenants are proud to call home. The well-balanced unit mix includes two one-bedroom and five two-bedroom residences, providing broad tenant appeal. Situated on a generous 0.84-acre lot with convenient on-site parking, the property has plenty of outdoor space. The asset is currently 83% occupied, presenting investors with a prime value-add opportunity to lease remaining units at market rates, increase net operating income, and enhance long-term returns.
Perched in the Historic South Central Los Angeles neighborhood, this property is a part of the South Los Angeles multifamily landscape. This area has seen excellent redevelopment and growth over the past years, making it an enticing place for investment. The University of Southern California is a part of this area, bringing in an educated workforce. Nearby Inglewood is also seeing a revitalization with SoFi Stadium and Intuit Dome. The property is also close to the Los Angeles International Airport and many metro lines, boding well for commuters.
The Los Angeles multifamily market presents a compelling opportunity for investors as the second-largest in the nation, supported by a diverse and robust economy. Within a 2-mile radius of this asset, the average annual consumer spending exceeds $1.64 billion. Additionally, with approximately 65% of households being renter-occupied, the area offers strong demand and presents a prime opportunity for multifamily investment.
Property tours are available by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOUR
One-Bedroom Matterport Tour
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.16 AC |
| Sale Condition | Auction Sale | Building Size | 5,848 SF |
| Type of Ownership | Fee Simple | Average Occupancy | 83% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 0.17/1,000 SF |
| Apartment Style | Low-Rise | Parcel Number | 6020-024-021 |
| Building Class | C | ||
| Zoning | R3 | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,848 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 0.17/1,000 SF |
| Zoning | R3 |
| Parcel Number | 6020-024-021 |
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Walk Score®
Very Walkable (70)
SALE ADVISOR
SALE ADVISOR
Mason Canter, President at The Mason Canter Group
As an award-winning, veteran real estate investment specialist in residential and commercial property sales, Mason has successfully listed and sold hundreds of millions of dollars in real estate. Now, as Co-founder of Integrated Chapter Services (ICS) which has partnered with Avenu Tech to create a new monetization model that is fast replacing the antiquated and unprofitable loan origination services system, together they are revolutionizing the industry!
Born and raised in Los Angeles, Mason graduated Beverly Hills High School then studied in New York at NYU, earning his degrees with honors. His life journey has taught him that integrity, teamwork, and perseverance is a formula that achieves results. This has shaped and expanded his career in all forms of real estate from luxury homes to multi-family apartment buildings. His unique skill set, industry expertise, and genuine commitment to his clients has established an incomparable track record. Mason's results have not gone unnoticed.
Since 2015, Keller Williams LF and KW Commercial have awarded The Mason Canter Group each year with "Top Dog" performance awards for Highest GCI, Highest Number of Units Closed and has ranked in the Top 3 Regionally and Top 5 Nationally. Prior to starting his own company Mason consistently earned top honors year over year.
Born and raised in Los Angeles, Mason graduated Beverly Hills High School then studied in New York at NYU, earning his degrees with honors. His life journey has taught him that integrity, teamwork, and perseverance is a formula that achieves results. This has shaped and expanded his career in all forms of real estate from luxury homes to multi-family apartment buildings. His unique skill set, industry expertise, and genuine commitment to his clients has established an incomparable track record. Mason's results have not gone unnoticed.
Since 2015, Keller Williams LF and KW Commercial have awarded The Mason Canter Group each year with "Top Dog" performance awards for Highest GCI, Highest Number of Units Closed and has ranked in the Top 3 Regionally and Top 5 Nationally. Prior to starting his own company Mason consistently earned top honors year over year.
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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AUCTION CONTACT
Sophy Cardenas
Contact
Auctioneer License:
Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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South Central Location | Value-Add Potential | 533-535 W 75th St
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