Multifamily Property for Sale in Los Angeles, CA

  • Price: $895K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 90062
  • Size: 2,712 SF
  • Year built: 1919

Description

4300 S. Western Ave is located along the Western Avenue corridor in South Los Angeles, one of the city’s primary north–south commercial arteries connecting South Los Angeles with Mid-City, Koreatown, and Downtown Los Angeles. The property sits on Western Avenue, a heavily traveled corridor lined with neighborhood retail, service businesses, schools, and public transit routes. The site consists of two separate residential buildings totaling approximately 2,712 square feet on a 5,785 square foot C2-zoned lot. The property includes on-site parking and frontage directly along Western Avenue, providing strong visibility and convenient access for residents and visitors. The surrounding neighborhood is densely populated and supported by a large base of local amenities. Grocery stores, restaurants, schools, and neighborhood services are located along Western Avenue and the nearby commercial corridors of Vernon Avenue, Martin Luther King Jr. Boulevard, and Slauson Avenue. Public transportation is easily accessible, with multiple Metro bus lines running along Western Avenue connecting the area to Downtown Los Angeles and other employment centers. The property is less than two miles from the University of Southern California (USC) and within a short commute to Downtown Los Angeles, Exposition Park, and several major employment hubs throughout Central Los Angeles. In addition to the existing residential improvements, plans are available for a 29-unit apartment development, presenting an opportunity for future multifamily redevelopment. The location benefits from strong population density, with over 50,000 residents within a one-mile radius and more than 450,000 residents within three miles, supporting long-term housing demand. 4300 S. Western Ave offers a flexible opportunity for an owner-occupant, investor, or developer seeking an infill property in a central South Los Angeles location with both existing residential improvements and long-term redevelopment potential. Building

Market Context

This multifamily in Los Angeles, CA is listed for sale at $895,000 across 2,712 SF. The building dates to 1919. It has been on the market for 39 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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