Multifamily Property for Sale in Los Angeles, CA

  • Price: $2.7M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 90019

Description

"Beverly Hills quality, LA pricing." "Beverly Hills quality, LA pricing." And Plans and Permits for a 3/2 ADU without losing any parking! A lovingly rehabbed 6 units (+1 ADU RTI) between Miracle Mile and Oxford Square. The owner has self-managed and her hands-on approach shows throughout. In addition to updating the facade and landscaping, the Seller extensively and tastefully rehabbed 4 of the 6 units (stone surfaces, new fixtures floors, cabinetry & crown molding). Also she has installed new HVAC units, put in dual-pane windows and installed NEW electrical meters and subpanels - a must in today's turbulent insurance climate. Lastly, the Seller is waaaay down the road with the City - having obtained full approval and permits (RTI) for a large, 1,200 sq. ft. 3 Bed/2 Bath unit above the existing detached garages - 90% of ADU additions, around town, mean you lose parking...not here. All the hassle, expenses and application/approval red tape are already handled. Building this ADU unit out will INCREASE your monthly gross rental income by 25%. The subject property is a "Beauty" that a Buyer can grow with, literally...rehabbing the remaining two units and building out the ADU. Across the street from Queen Anne Park and Recreation Center - a 'go to' for the neighborhood - meeting area, gym, playgrounds, picnic tables, soccer fields, baseball diamond and tennis courts. EXCLUSIVELY LISTED at $2,695,000 Buy-Side Fee paid by Buyer

Market Context

This multifamily in Los Angeles, CA is listed for sale at $2,695,000. It has been on the market for 148 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.

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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