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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.

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $457,401 $60.57
Other Income $10,792 $1.43
Vacancy Loss $13,722 $1.82
Effective Gross Income $454,472 $60.18
Taxes $53,693 $7.11
Operating Expenses $87,961 $11.65
Total Expenses $141,654 $18.76
Net Operating Income $312,818 $41.42

Financial Summary (Actual - 2026)

Gross Rental Income (CAD)
Annual $457,401
Annual Per SF $60.57
Other Income (CAD)
Annual $10,792
Annual Per SF $1.43
Vacancy Loss (CAD)
Annual $13,722
Annual Per SF $1.82
Effective Gross Income (CAD)
Annual $454,472
Annual Per SF $60.18
Taxes (CAD)
Annual $53,693
Annual Per SF $7.11
Operating Expenses (CAD)
Annual $87,961
Annual Per SF $11.65
Total Expenses (CAD)
Annual $141,654
Annual Per SF $18.76
Net Operating Income (CAD)
Annual $312,818
Annual Per SF $41.42

Property Facts

Price $4,478,144 CAD
Price Per Unit $263,420 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
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4006-004-015
Land Assessment
$3,085,874 CAD (2025)
Improvements Assessment
$1,080,053 CAD (2025)
Total Assessment
$4,165,927 CAD (2025)
Annual Taxes
$53,693 CAD ($7.11 CAD/SF)
Tax Year
2026
  • Listing ID: 37907503

  • Date on Market: 2025-10-01

  • Last Updated:

  • Address: 6121 Crenshaw Blvd, Los Angeles, CA 90043

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