6500 S Western Avenue, Los Angeles, CA 90047
Property
Sold January 2026
Listing Agent: Jerome McAlpin (DRE #00939725) · Listing Office: McAlpin & Company · Contact: 310-437-4172 · Bought with: Jerome McAlpin · McAlpin & Company · MLS #25622787 · Source: CRMLS
About this property
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.
Listing description from the January 2026 sale, as reported to CRMLS.
Sale history