5014 Pickford St - Apartments FOR SALE


Los Angeles, CA 90019- Mid-City
$2,750,000 USD
805-973-7470
5014 Pickford St, Los Angeles, CA for Sale
$2,750,000 USD
Apartments - FOR SALE
1/29
null | 6.2% Cap Rate

5014 Pickford St
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Fully stabilized fourplex with a 6.20% cap rate and no rent control.
  • Modern tri-level townhomes featuring premium finishes and private balconies.
  • Separately metered utilities and low operating expenses for efficient management.
  • Recent upgrades include new security gates, landscaping with irrigation, and electrical enhancements.
  • Prime Mid-City location near major employers, transit routes, and lifestyle amenities.
  • Opportunity Zone designation offers potential tax advantages for investors.

OVERVIEW

5014 Pickford Street presents a rare opportunity to acquire a fully stabilized, high-income fourplex in the heart of Los Angeles’ Mid-City neighborhood. Built in 2020, this modern asset consists of four spacious tri-level townhomes, each featuring premium finishes, private balconies, and open-concept layouts designed for today’s urban renter. The property is separately metered for all utilities, ensuring low operating expenses, and includes seven dedicated parking spaces plus three bonus spaces. With a REAL 6.20% cap rate and no rent control, this property offers strong cash flow and minimal management requirements, making it an attractive option for 1031 exchange buyers and investors seeking long-term stability. Recent capital improvements include new security gates, refreshed landscaping with irrigation, and electrical upgrades. Each unit is equipped with Samsung in-unit washer/dryers, central air and heat, and modern kitchens and baths. Located in a rapidly appreciating submarket, the property benefits from proximity to major employment hubs such as Culver City, Miracle Mile, and the Jefferson Corridor, home to Amazon Studios, Apple TV+, HBO, and Sony. Surrounded by top dining, retail, and entertainment options, 5014 Pickford combines strong financial performance with exceptional location advantages, making it a turnkey investment in one of LA’s most dynamic neighborhoods.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$486 USD /SF

# OF UNITS

4

PRICE/UNIT

$687,500

CAP RATE

6.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

LARD1.5

APN/PARCEL ID

5067-015-036

ASK ABOUT THIS PROPERTY

Cheyenne Womack2626 Cloverfield BlvdMore Info
805-973-7470

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Cheyenne Womack2626 Cloverfield BlvdMore Info
805-973-7470

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