6178 Aldama St - Apartments FOR SALE


Los Angeles, CA 90042- Highland Park
$2,950,000 USD
213-565-8060
6178 Aldama St, Los Angeles, CA for Sale
$2,950,000 USD
Apartments - FOR SALE
1/15
null | 5.25% Cap Rate

6178 Aldama St
Los Angeles, CA 90042
Highland Park


HIGHLIGHTS

  • Prime Highland Park location steps to York, high walkability, strong rental demand
  • Fully occupied, market rate, zero vacancy drag
  • Majority of units newer construction Non-RSO (LAs restrictive rent control) rare in Los Angeles

OVERVIEW

Just listed. Fully occupied, market-rate newer construction asset in one of Highland Park’s most coveted rental pockets. The Aldama Collection is a rare opportunity to acquire a design-driven compound featuring a restored 1915 Craftsman residence at the front and four 2016-built townhome-style homes behind it. This property combines architectural appeal, modern systems, and efficient operations, delivering durable rentability and long-term value in a supply-constrained submarket. Situated just off York Boulevard and moments from Figueroa, yet quietly set on a tree-lined street, the property offers exceptional walkability and sustained renter demand. Professionally managed with minimal operating expenses, it generates strong in-place income with an NOI of $154,845 and is offered at a 5.25 percent cap rate on actuals. Each residence features private outdoor space, in-unit laundry, separate meters, and on-site parking with garages, supporting low turnover and competitive market performance. With ten parking spaces, non-RSO status for the majority (4) of units, and pride-of-ownership curb appeal, this is an extremely limited chance to secure a stabilized, turnkey multifamily asset in one of Northeast Los Angeles’ most desirable neighborhoods. Trophy holdings of this caliber rarely come to market.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$380 USD /SF

# OF UNITS

5

PRICE/UNIT

$590,000

CAP RATE

5.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Aldama Collection

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RD2

APN/PARCEL ID

5484-016-034

ASK ABOUT THIS PROPERTY

Ginger OrsiCompass Real EstateMore Info
213-565-8060

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Ginger OrsiCompass Real EstateMore Info
213-565-8060

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