4626 Wall St - Apartments FOR SALE


Los Angeles, CA 90011- Vernon-Main
$1,725,000 USD
310-666-2246
4626 Wall St, Los Angeles, CA for Sale
$1,725,000 USD
Apartments - FOR SALE
1/46
null | 7.18% Cap Rate

4626 Wall St
Los Angeles, CA 90011
Vernon-Main


HIGHLIGHTS

  • Immediate Yield: ~7.18% cap rate in-place
  • Minimal Execution Risk: Already stabilized with strong occupancy
  • Premium Unit Mix: All 2BR units support family tenants and lower turnover
  • New Construction Component: ADUs reduce capex and support higher rents
  • Clear Rental Upside: Mark-to-market opportunity without heavy renovation
  • Attractive Basis: Below replacement cost with new units already built

OVERVIEW

4626 Wall St presents a high-yield, stabilized multifamily investment delivering strong in-place cash flow with meaningful long-term upside. The property is currently operating at approximately a 7.18% cap rate on existing income, offering investors immediate returns without the need for heavy repositioning. Situated on a 7,000 SF lot, the 5,522 SF asset consists of six 2-bedroom units, including four front-building units and two newly constructed ADUs. The unit mix is highly desirable and supports consistent tenant demand, while the newer ADUs command premium rents and reduce near-term capital expenditure. The property benefits from a stable rent roll, with no reliance on short-term or non-recurring income. The tenant base includes subsidized tenants, providing reliable collections and supporting steady, ongoing rent increases, further enhancing the durability and predictability of cash flow. Located in a rapidly evolving pocket of South Los Angeles, the asset is positioned to benefit from continued neighborhood improvement, rental growth, and long-term appreciation trends.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$370 USD /SF

# OF UNITS

6

PRICE/UNIT

$287,500

CAP RATE

7.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7.18% CAP | 6 Units | 2 New ADUs | All 2 Beds

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,121 SF

ZONING

LAR2

APN/PARCEL ID

5109-010-001

ASK ABOUT THIS PROPERTY

Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

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Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

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