6500 S Western Avenue, Los Angeles, CA 90047
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
6500 S Western Avenue,Los Angeles, CA 90047
$1,680,000
- 24 Beds
- 12 Baths
- 10,306 sq. ft.
- Multi-family
- Pending
Listed by: jerome mcalpin
Office: mcalpin & company
MLS#:25622787
Source:CRMLS
Price summary
- Price:$1,680,000
- Price per sq. ft.:$163.01
About this home
The subject property is a 12-unit multifamily apartment complex located in South Central Los Angeles on Western Avenue between Gage and Florence Avenues. The building encompasses approximately 10,306 square feet and is comprised of (11) two-bedroom, one-bathroom units and (1) three-bedroom apartment. Constructed in 1962, the asset sits on a 9,097-square-foot corner lot. The property exhibits noticeable deferred maintenance, and current rents remain well below market averages. The building's scheduled monthly income is $17,316, including a projected rent of $1,995 for the vacant unit. This offering is well-suited for value-add investors seeking an opportunity to implement strategic renovations, pursue cash-for-keys agreements where appropriate, and reposition the units at market rent levels upon turnover.
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Home facts
- Year built:1962
- Listing ID #:25622787
- Added:43 day(s) ago
- Updated:December 26, 2025 at 10:25 PM
Rooms and interior
- Bedrooms:24
- Total bathrooms:12
- Living area:10,306 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1962
- Building area:10,306 sq. ft.
- Lot area:0.21 Acres
Finances and disclosures
- Price:$1,680,000
- Price per sq. ft.:$163.01
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