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Part of a 41-Unit Portfolio w/ 6736-6800 West 6121 Crenshaw Blvd 17 Unit Apartment Building $4,369,737 CAD ($257,043 CAD/Unit) 7% 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
9.56 GRM, 7.00 % 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
9.56 GRM, 7.00 % 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 - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$446,329
|
$59.10
|
| Other Income |
$10,531
|
$1.39
|
| Vacancy Loss |
$13,390
|
$1.77
|
| Effective Gross Income |
$443,470
|
$58.72
|
| Taxes |
$52,393
|
$6.94
|
| Operating Expenses |
$85,831
|
$11.37
|
| Total Expenses |
$138,225
|
$18.30
|
| Net Operating Income |
$305,246
|
$40.42
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $446,329 |
| Annual Per SF | $59.10 |
| Other Income (CAD) | |
|---|---|
| Annual | $10,531 |
| Annual Per SF | $1.39 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $13,390 |
| Annual Per SF | $1.77 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $443,470 |
| Annual Per SF | $58.72 |
| Taxes (CAD) | |
|---|---|
| Annual | $52,393 |
| Annual Per SF | $6.94 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $85,831 |
| Annual Per SF | $11.37 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $138,225 |
| Annual Per SF | $18.30 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $305,246 |
| Annual Per SF | $40.42 |
Property Facts
| Price | $4,369,737 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $257,043 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 7% | Building Size | 7,552 SF |
| Gross Rent Multiplier | 9.56 | 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 - Commercial | ||
| Price | $4,369,737 CAD |
| Price Per Unit | $257,043 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Gross Rent Multiplier | 9.56 |
| 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 - Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 17 | - | 550 |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4006-004-015 | Total Assessment | $4,045,392 CAD (2025) |
| Land Assessment | $2,996,589 CAD (2025) | Annual Taxes | $52,393 CAD ($6.94 CAD/SF) |
| Improvements Assessment | $1,048,804 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
4006-004-015
Land Assessment
$2,996,589 CAD (2025)
Improvements Assessment
$1,048,804 CAD (2025)
Total Assessment
$4,045,392 CAD (2025)
Annual Taxes
$52,393 CAD ($6.94 CAD/SF)
Tax Year
2026
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Part of a 41-Unit Portfolio w/ 6736-6800 West | 6121 Crenshaw Blvd
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