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Part of a 41-Unit Portfolio w/ 6736-6800 West 6121 Crenshaw Blvd 17 Unit Apartment Building $4,459,965 CAD ($262,351 CAD/Unit) 7.24% Cap Rate Los Angeles, CA 90043
INVESTMENT HIGHLIGHTS
- Extensive rehab & new dual-pane windows throughout
- Seismic retrofit completed
- Gated pedestrian and car access
EXECUTIVE SUMMARY
An attractively reimaged 17 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. Excellent 'walkability' to retail and dining along one of LA's better known thoroughfares. The property has ample open and carport parking - seismic retrofit complete, as well. A very straightforward investment option for an opportunistic Buyer.
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
Part of a 41-Unit Portfolio w/ 6736-6800 West Blvd. Can be sold together or separately.
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
Part of a 41-Unit Portfolio w/ 6736-6800 West Blvd. Can be sold together or separately.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$465,227
|
$61.60
|
| Other Income |
$10,749
|
$1.42
|
| Vacancy Loss |
$13,956
|
$1.85
|
| Effective Gross Income |
$462,019
|
$61.18
|
| Taxes |
$53,475
|
$7.08
|
| Operating Expenses |
$85,458
|
$11.32
|
| Total Expenses |
$138,933
|
$18.40
|
| Net Operating Income |
$323,086
|
$42.78
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $465,227 |
| Annual Per SF | $61.60 |
| Other Income (CAD) | |
|---|---|
| Annual | $10,749 |
| Annual Per SF | $1.42 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $13,956 |
| Annual Per SF | $1.85 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $462,019 |
| Annual Per SF | $61.18 |
| Taxes (CAD) | |
|---|---|
| Annual | $53,475 |
| Annual Per SF | $7.08 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $85,458 |
| Annual Per SF | $11.32 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $138,933 |
| Annual Per SF | $18.40 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $323,086 |
| Annual Per SF | $42.78 |
PROPERTY FACTS
| Price | $4,459,965 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $262,351 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 7.24% | Building Size | 7,552 SF |
| Gross Rent Multiplier | 9.37 | Average Occupancy | 100% |
| No. Units | 17 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 2.12/1,000 SF |
| Zoning | LAC2 | ||
| Price | $4,459,965 CAD |
| Price Per Unit | $262,351 CAD |
| Sale Type | Investment |
| Cap Rate | 7.24% |
| Gross Rent Multiplier | 9.37 |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 7,552 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.12/1,000 SF |
| Zoning | LAC2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 17 | - | 550 |
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 4006-004-015 | Total Assessment | $4,140,592 CAD |
| Land Assessment | $3,067,107 CAD | Annual Taxes | $53,475 CAD ($7.08 CAD/SF) |
| Improvements Assessment | $1,073,485 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
4006-004-015
Land Assessment
$3,067,107 CAD
Improvements Assessment
$1,073,485 CAD
Total Assessment
$4,140,592 CAD
Annual Taxes
$53,475 CAD ($7.08 CAD/SF)
Tax Year
2025
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Part of a 41-Unit Portfolio w/ 6736-6800 West | 6121 Crenshaw Blvd
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