6 UNITS - CITY OF LA - 7.09% CAP & 9.47 GRM 7516 S Western Ave 6 Unit Apartment Building $1,853,280 CAD ($308,880 CAD/Unit) 7.09% Cap Rate Los Angeles, CA 90047

BRC Advisors is offering a six unit investment opportunity, located in the City of Los Angeles. This 6-unit multi-family property features a well-balanced unit mix of four 1-bedroom/1-bath units and two 2-bedroom/1-bath units, in which five have been recently renovated. The property benefits from strong in-place fundamentals supported by consistent rental demand in one of Los Angeles' most established rental markets. Recent capital improvements include a new surveillance system, upgraded exterior lighting, and new building and unit numbering, enhancing curb appeal and tenant experience. Each unit is separately metered for gas and electricity, providing operational efficiency and long-term expense control. The property also has unused space on the lot, providing potential for a future ADU (buyer to verify), while also offering an on-site parking area with 6 spaces, a valuable amenity in a dense urban environment.
Call/email Griffin White for complete package. Offering Memorandum attached to LoopNet listing. Please note the following: (1) Do not disturb tenants. (2) Interior inspections and access to books and records will be granted upon acceptance of an offer. (3) Submit proof of funds with all offers, which must be presented on a CAR Residential Income Purchase Agreement. Broker and agent do not guarantee the accuracy of square footage, lot size, development potential, or any other information regarding the condition or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify all information and complete their own due diligence through physical inspections and consultation with appropriate professionals.