5202 Knowlton St - Apartments FOR SALE


Los Angeles, CA 90045- Westchester
$1,625,000 USD
310-270-8423
5202 Knowlton St, Los Angeles, CA for Sale
$1,625,000 USD
Apartments - FOR SALE
1/16
null | 5.36% Cap Rate

5202 Knowlton St
Los Angeles, CA 90045
Westchester


HIGHLIGHTS

  • 2 Units Being Delivered Vacant at the Close of Escrow
  • Attractive In-Place Returns- 5.36% cap rate and 11.23 GRM offering solid day-one cash flow
  • Strong Unit Mix - Four 2BR/1BA units and two 1BR/1BA units appealing to a wide tenant base
  • Desirable Westchester Location - Highly sought-after rental pocket near LAX, Playa Vista, and Silicon Beach employers
  • Immediate Value-Add Opportunity- Delivered with two vacant units allowing for instant renovation and lease-up
  • Close Proximity to Major Demand Drivers - Close to employment, retail, dining, and major transportation corridors

OVERVIEW

5202 Knowlton Street presents a rare opportunity to acquire a well-located six-unit multifamily asset in the highly desirable Westchester neighborhood of Los Angeles. Offered at $1,625,000, the property delivers an attractive 5.36% cap rate and 11.23 GRM, making it an ideal investment for both seasoned and first-time multifamily investors seeking stable cash flow with meaningful upside potential. Built in 1951, the property consists of 4,456 square feet of improvements and features a desirable unit mix of four two-bedroom, one-bath units and two one-bedroom, one-bath units. The building will be delivered with two vacant units, providing immediate upside through renovation and lease-up at market rents. The asset offers approximately 22% upside in rental income, allowing a new owner to significantly increase cash flow through strategic unit renovations and operational improvements. Positioned in prime Westchester, the property benefits from its proximity to major employment hubs including LAX, Playa Vista, and Silicon Beach, as well as convenient access to shopping, dining, and transportation corridors. Priced at $270,833 per unit and $365 per square foot, 5202 Knowlton Street represents a compelling value relative to comparable sales in the area, with the ability to enhance returns through interior upgrades and operational improvements.

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$365 USD /SF

# OF UNITS

6

PRICE/UNIT

$270,833

CAP RATE

5.36%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,122 SF

ZONING

R3

APN/PARCEL ID

4103-013-001

ASK ABOUT THIS PROPERTY

Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

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

Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

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