1317 Linwood Ave - Apartments FOR SALE


Los Angeles, CA 90017- City West
$1,650,000 USD
909-241-0677
1317 Linwood Ave, Los Angeles, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/30
null | 6.36% Cap Rate

1317 Linwood Ave
Los Angeles, CA 90017
City West


HIGHLIGHTS

  • 12-unit multifamily property located minutes from Downtown Los Angeles.
  • Unit mix includes eight studios, two one-bedrooms, and a detached residence with four bedrooms.
  • Current in-place cash flow with a 6.36% cap rate and future upside potential.
  • Proximity to Metro B & D Lines, major transit routes, and employment corridors.
  • Additional value-add potential through renovations and utility efficiency improvements.
  • All tenants on flexible month-to-month leases, providing operational control.

OVERVIEW

1317 Linwood Ave offers investors a well-maintained 12-unit multifamily property in the thriving Westlake neighborhood near Downtown Los Angeles. The asset comprises a two-story, 10-unit apartment building featuring a mix of eight studio units and two one-bedroom layouts, along with a detached single-family residence currently configured with four bedrooms and 2.5 bathrooms shared by two tenants. On-site amenities include four parking spaces and yard space. The property generates strong in-place income with a reported cap rate of 6.36% and presents significant rental upside through unit renovations, operational efficiency, and repositioning strategies. Located near Metro B & D lines and major employment centers, this property benefits from high walkability and consistent demand from students, creatives, and young professionals. Additional value-add options, such as co-living configurations and building enhancements, increase long-term returns, making this an attractive opportunity in one of Los Angeles’ most dynamic rental markets.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$339 USD /SF

# OF UNITS

12

PRICE/UNIT

$137,500

CAP RATE

6.36%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,476 SF

ZONING

LAR3

APN/PARCEL ID

5143-012-011

ASK ABOUT THIS PROPERTY

Manuel MadridOne West RealtyMore Info
909-241-0677

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Manuel MadridOne West RealtyMore Info
909-241-0677

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.