4026 S Morgan Avenue, Los Angeles, CA 90011
-
Listed Price :
$1,325,000
-
Beds :
12
-
Baths :
7
-
Property Size :
4,538 sqft
-
Year Built :
1963
Property Description
VALUE ADD DEAL WITH APPROXIMATELY 68% UPSIDE IN RENTS! Priced at 6.51 GRM and 11.9% CAP with rents at market. Please contact listing agent for marketing package. Keller Williams Commercial Beverly Hills has been exclusively retained by the owner in connection with the sale of 4026 S. Morgan Ave, a 6-unit apartment building centrally located in South Los Angeles within minutes to USC, Downtown LA, Arts District, Crypto Arena and the Fashion District. The Property has been well maintained by the current ownership and is fully occupied. Excellent unit mix consisting of five large 2 bedroom 1 bath units and one 3 bedroom 2 bath unit. The property is separately metered for gas, electricity and tenants pay their own trash bill. Property features gated parking and on-site laundry room with machines owned by Seller. Priced at $220,833/unit, $292/S.F, 5.84% CAP and 10.95 x current low rents. Value add deal with approximately 68% upside in rents! Priced at 6.51 GRM and 11.9% CAP with rents at market.
Interior Features
| Bedroom Information |
| Bedrooms |
12 |
| Bathroom Information |
| Bathrooms |
7 |
Listing Information
| Address |
4026 S Morgan Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90011 |
| County |
Los Angeles |
| Listing Agent |
Ramin Gheitanchi DRE #01501715 |
| Courtesy Of |
Keller Williams Beverly Hills |
| List Price |
$1,325,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
4,538 |
| Lot Size |
7,929 |
| Year Built |
1963 |
Listing information courtesy of: Ramin Gheitanchi, Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 4th, 2025 at 1:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
