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.
Property Details
Price:
$1,325,000
MLS #:
25502429
Status:
Active
Baths:
0
Address:
4026 S Morgan Avenue
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Feb 24, 2025
State:
CA
ZIP:
90011
Lot Size:
7,929 sqft / 0.18 acres (approx)
Year Built:
1963
See this Listing
Mortgage Calculator
Schools
Interior
Heating
Wall Furnace
Exterior
Parking Features
Gated
Parking Spots
6.00
Security Features
Automatic Gate, Gated Community
Stories Total
2
Financial
Tenant Pays
Electricity, Gas, Trash Collection
Map
Community
- Address4026 S Morgan Avenue Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Similar Listings Nearby
- 562 S Fetterly Avenue
Los Angeles, CA$1,700,000
4.85 miles away
- 7223 Seville Avenue
Huntington Park, CA$1,700,000
2.78 miles away
- 275 S Union Avenue
Los Angeles, CA$1,699,000
3.87 miles away
- 232 N Belmont Avenue
Los Angeles, CA$1,699,000
4.01 miles away
- 4116 W Garthwaite Avenue
Los Angeles, CA$1,695,000
4.51 miles away
- 426 W 77th Street
Los Angeles, CA$1,695,000
3.45 miles away
- 538 W 82nd Street
Los Angeles, CA$1,695,000
3.85 miles away
- 9607 S Broadway
Los Angeles, CA$1,695,000
4.60 miles away
- 3171 W 11th Street
Los Angeles, CA$1,690,000
4.65 miles away
- 2005 Magnolia Avenue
Los Angeles, CA$1,690,000
3.14 miles away

4026 S Morgan Avenue
Los Angeles, CA
LIGHTBOX-IMAGES