8317-8325 S Western Ave 22 Unité Immeuble d’appartements 5 325 361 $ CAD (242 062 $ CAD/Unité) 7,49% Taux de capitalisation Los Angeles, CA 90047

Northmarq, as the exclusive listing agent, is pleased to present the opportunity to acquire 8317–25 Western Ave, a 22-unit light value-add property ideally situated in South Los Angeles.
Constructed in 1957, the property is located on a 16,156 square foot corner spanning three parcels offering excellent frontage along Western Avenue with additional exposure from its corner position at 84th Place. The asset consists of three well-maintained buildings totaling 14,228 square feet, complemented by on-site parking. The property features a desirable unit mix comprised of fourteen (14) one-bedroom + one-bathroom units and eight (8) two-bedroom + one-bathroom units.
Offered at an attractive going-in 7.49% capitalization rate and an 7.74 GRM, 8317–25 Western Ave represents a compelling investment opportunity with strong in-place yield and upside potential. The property’s strong in-place income, combined with its light value-add profile, positions investors to capitalize on rental growth through strategic interior and operational enhancements. Additionally, the offering presents a highly competitive basis providing investors with an attractive entry point relative to replacement cost and comparable sales.
Positioned along Western Avenue, 8317–25 Western Ave benefits from its placement along one of Los Angeles’ primary north–south corridors. Residents enjoy convenient access to public transportation, neighborhood retail, dining options, and essential daily amenities, all within close proximity. The property’s strong street presence and corner positioning further enhance its long-term visibility and accessibility.
The asset also offers excellent regional connectivity, situated just north of Manchester Avenue with convenient access to the 110 Freeway and major employment hubs, including Downtown Los Angeles and Los Angeles International Airport (LAX). This combination of accessibility, commuter convenience, and proximity to key demand drivers further supports the property’s enduring rental appeal.