CA > Los Angeles
Los Angeles, CA 90047,6500 S Western AVE
Los Angeles, CA 90047,6500 S Western AVE
Los Angeles, CA 90047,6500 S Western AVE
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Diego Magdaleno

Diego Magdaleno

+1(714) 676-7271
$1,680,000
Est. payment /mo
24 Beds
12 Baths
10,306 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,306 sqft

Price per Sqft $163

MLS Listing ID 25622787

Bedrooms 24

HOA Y/N No

Year Built 1962

Property Description

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAC2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Attached Carport

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6015005029

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Jerome McAlpin McAlpin & Company
Diego Magdaleno

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6500 S Western AVE

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