6500 S Western Avenue Los Angeles, CA $ 1,680,000
6500 S Western Avenue
$ 1,680,000
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6500 S Western Avenue

Los Angeles, CA, 90047
$ 1,680,000
Bedrooms24 Baths1.0 Sq 10,306

Monthly Estimate*

$ 10,481

Listed by McAlpin & Company
6500 S Western Avenue, Los Angeles, CA 90047 - Image 1
6500 S Western Avenue, Los Angeles, CA 90047 - Image 2
6500 S Western Avenue, Los Angeles, CA 90047 - Image 3
6500 S Western Avenue, Los Angeles, CA 90047 - Image 4
6500 S Western Avenue, Los Angeles, CA 90047 - Image 5
6500 S Western Avenue, Los Angeles, CA 90047 - Image 6
6500 S Western Avenue, Los Angeles, CA 90047 - Image 7
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Multi-Family Home for sale in Los Angeles, CA

for $1,680,000 with 24 bedrooms and 1 full bath. This 10,306 square foot home was built in 1962 on a lot size of 0.2088.

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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Multi-Family Active

Price

$ 1,680,000

Bedrooms

24

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2088

Year Built

1962

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25622787

Days on Market

23

Features
General
Living Area 10306
Heating Wall Furnace
Cooling None
Possession Close Of Escrow
Zoning LAC2
Year Built 1962
Stories Count 2
Levels Two
Gross Income 207797
County Los Angeles
Net Operating Income 121903
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions On Western near Gage Avenue
City Los Angeles
Senior Community Y/N false
Number Of Units Total 12
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 9097
Carport Y/N true
Standard Status Active
Cap Rate 7.26
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 24
Total Baths 12
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Exterior
Parking Features Attached Carport
Total Parking 0
Lot Size Area 9097
Number of Buildings 1
Building Area Total 10306
Lot Size Acres 0.2088
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* Excluded Features
List By
Mcalpin & Company

Broker

jerome@mcalpinco.com

Email

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$1,680,000 Listed Price

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6500 S Western Avenue, Los Angeles, CA, 90047 is a Multi-Family Home for sale at $1,680,000 with 10,306 sqft and a lot size of 0.2088. 6500 S Western Avenue has 24 bedrooms, 1.0 baths, and was built in 1962. The property's zip code is 90047 which is in Los Angeles, CA