Address not provided Los Angeles, CA ^$ 4,500,000

Address not provided

^$ 4,500,000

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Address not provided

Name: address
Address: CA, 90047

Los Angeles, CA, 90047

^$ 4,500,000

Bedrooms-- Baths0.0 Sq 16,928

Monthly Estimate*

^$ 31,080

Multi-Family Home for sale in Los Angeles, CA

for $4,500,000. This 16,928 square foot home was built in 1950 on a lot size of 0.9.

We are excited to present the Van Ness-Century Complex. Located at 2111-2155 West Century and 9920-24 S Van Ness this residential compound consists of 26 - 2 Bedroom units on almost an acre of land. Units are comprised of 3(2+1) units and a billboard at the Van Ness address. The Century address consists of 23 (2+1) units. The apartments were built in 1950, contain 16,928 square feet and are made of wood-frame stucco construction. They are located on a large corner lot of 39,111 square feet, which is zoned LAC2-1. The scheduled gross income on the property is $480,477 and the estimated Net Operating Income is $310,800. Based on the attractive price of $4,500,000, the GRM is 9.3 and the CAP rate is 6.9. At that price, the Cost Per Unit is $173,077. Market rent would generate an income of $660,000, providing a 10.9% CAP Rate and a GRM of 6.68. So, long term, this investment will provide a tremendous return. With 35% down, the investment would produce a cash-on-cash return of 5.65%, day 1.

Multi-Family Active

Price

^$ 4,500,000

Property Type

Multi-Family

Taxes

^$ 0

Style

Bungalow

Lot Size

0.9

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026999409

Features

General

Living Area 16928

Heating Wall Furnace

Zoning LAC2

Architectural Style Bungalow

Year Built 1950

Levels One

Accessibility Other

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

MLS Area C36 - Metropolitan Southwest

Lot Size Units Square Feet

Lot Size Square Feet 39111

Standard Status Active

Interior

Total Stories 1

Air Conditioning Y/N false

Heating Y/N true

Total Baths 0

Exterior

Parking Features Uncovered

Water Source None

Lot Size Area 39111

Foundation Details None

Building Area Total 16928

Lot Size Acres 0.9

* Excluded Features

List By

Jerome McAlpin

Listing Agent

Mcalpin & Company

Broker

jerome@mcalpinco.com

Affordability Calculator

$31,080

Per Month

Monthly Principal & Interest: $31,080
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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

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Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,967,935

Percent of Sale Price 56%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
10/10/2026	$4,500,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 10/24/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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Multi-Family Home for sale in Los Angeles, CA

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