Multifamily Property for Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 90016

Description

Marcus and Millichap is pleased to present a ten (10) unit apartment building located at 3443 West Blvd in Los Angeles, California. The subject property is located in a good West Adams location, just north of Exposition Blvd and west of Crenshaw Blvd. Located in a strong West Adams location, 3443 West Blvd features a desirable unit mix of one studio and nine one-bedroom units within a rare turnkey multifamily asset showcasing classic Spanish-style architecture and bungalow-style charm. Most units have been upgraded with modern kitchens, flooring, cabinetry, appliances, fixtures, bathrooms, and major system improvements including electrical and roofing. The property offers approximately 25% rental upside along with potential to add ADUs in the rear. Residents benefit from immediate access to the 10 Freeway, Metro E and K Line stations, major commercial corridors including Jefferson and Crenshaw Boulevards, nearby retail amenities, parks, and new mixed-use developments continuing to drive growth and investment activity throughout the surrounding West Adams submarket. With extensive unit renovations, solid rental upside, ADU potential, and a highly accessible West Adams location near major transit and commercial corridors, this property presents a rare opportunity to acquire a well-positioned multifamily asset in one of Los Angeles’ strongest growth submarkets. Investment Highlights: • Strong West Adams Location • Most Units Upgraded to Include New Roof, Electrical, Foundation, Kitchen, Ring Doorbells, New Flooring, Cabinetry, Appliances, Fixtures, and Modern Bathrooms • On-Site Parking - Four (4) Spaces and Three (3) Garages • Potential to Build ADUs in the Rear (Buyer to Verify) • Solid Rental Upside Potential (+25%) • Charming Spanish-Style Architecture • Bungalow-Style Units • Rare West Adams Turnkey Asset

Market Context

This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 6.5% 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 6.5% asking cap rate is above the Greater Los Angeles multifamily market average of about 5.0%, implying a higher yield (and typically more risk or upside) than comparable assets.

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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