Commercial property · 2 recorded sales since 2026
Listing Agent: George Morales (DRE #01984555) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: George Morales · Compass · MLS #26666033 · Source: CRMLS
16-UNITS IN VERMONT SQUARE| $121K per door | 7.28% CAP | 3 VACANT UNITS | Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor. Features on-site laundry hookups.
Listing description from the August 2026 sale, as reported to CRMLS.