Multifamily Property for Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 90034

Description

Marcus & Millichap is pleased to present the opportunity to acquire 1936 S Corning St, a 14-unit investment opportunity located in the vibrant 90034 zip code of Los Angeles. Investment Highlights: • Well-maintained two-story building situated on a sizable lot • Desirable unit mix with spacious layouts • On-site parking and supplemental income opportunities • Centrally located with convenient access to major employment, retail, and transit corridors • Significant rental upside through repositioning and management efficiencies • Ideal for investors seeking to capitalize on strong submarket fundamentals • Attractive long-term hold with potential for both income growth and appreciation • On-site Laundry

Market Context

This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 46 days. Compare it against other multifamily listings for sale in Los Angeles, CA — <a href="/search/sale/multifamily/california/los-angeles">view the full market</a>.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: Consensus Q1 2026 market report.

Its 5.0% asking cap rate is in line with the Greater Los Angeles multifamily market average of about 5.0%.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?
About 5.0% as of Q1 2026, per Consensus.

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