3711 S Western Ave 2 Unité Immeuble d’appartements 2 155 372 $ CAD (1 077 686 $ CAD/Unité) 8% Taux de capitalisation Los Angeles, CA 90018

The Davis Saadian Group is proud to present a rare opportunity to acquire this nine (9) unit multifamily investment property, formerly operated as a motel. Ideally positioned in the vibrant Exposition Park submarket, the property is just blocks from the University of Southern California and only steps from the Expo/Western Metro Station—making it a prime location for students, commuters, and young professionals alike.
Originally built in 1965, this wood-frame and stucco property sits on a raised foundation and offers approximately 2,406 square feet of rentable space on a 4,320-square-foot LAC2-zoned lot (Hotel/Motel use). In 2004, the building underwent a comprehensive renovation, featuring upgraded electrical systems and new copper plumbing throughout—both vertical and horizontal—ensuring long-term durability and functionality. In 2018, a 200-amp solar panel system was installed, enhancing energy efficiency and reducing utility costs.
The building has been structurally reinforced and upgraded to meet current city codes and regulations. It features an attractive unit mix of eight (8) studio units with kitchenettes and one (1) spacious two-bedroom + one-bathroom unit. The property is fully occupied, generating a strong gross monthly income of $13,676. Priced at a current 8% cap rate and a 9.6x gross rent multiplier (GRM), this asset offers an excellent cash-flow investment opportunity. For the full Executive Summary and Financial Analysis, please contact listing agent.
PLEASE NOTE THE FOLLOWING:
1) DO NOT DISTURB THE TENANTS.
2) Submit Offer on a CAR Residential-Income Purchase Agreement.
3) Interior Inspection/Books & Records Granted with an Accepted Offer.
4) Submit Proof of Funds & Pre-Qualification Letter with Offer.
5) Seller Selects all Services.
Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representation or warranties, expressed or implied, as to the accuracy of the information provided, including square footage, lot size, permitted or un-permitted spaces, and/or bedroom/bathroom count. Buyer is advised to independently verify the accuracy of this information through personal inspections and/or with appropriate professionals. Buyer bears all risk for any inaccuracies.