6521 Crenshaw Blvd - Multi-Family FOR SALE


Los Angeles, CA 90043- Park Mesa Heights
$2,600,000 USD
213-943-1897
6521 Crenshaw Blvd, Los Angeles, CA for Sale
$2,600,000 USD
Multi-Family - FOR SALE
1/8
null | 7.21% Cap Rate

6521 Crenshaw Blvd
Los Angeles, CA 90043
Park Mesa Heights


HIGHLIGHTS

  • Currently operating at a 7.21% cap rate and 8.53 GRM, with additional rental upside through unit renovations
  • Located in a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment
  • Walk Score of 75 (“Very Walkable”) — most errands can be accomplished on foot
  • Ownership recently upgraded the property with a new exterior electrical panel
  • The property offers a balanced unit mix, ranging from studio to three-bedroom units.
  • Professionally managed and attentively maintained, offering operational stability from day one

OVERVIEW

The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale 6521 South Crenshaw Boulevard, a 14-unit (12 + 2 ADUs) apartment community located south of Slauson Avenue and west of Western Avenue. Situated on a 10,765-square-foot parcel, the property features a balanced unit mix ranging from studio to three-bedroom units. It is being offered at an attractive 7.21% cap rate and 8.53 GRM, with 24% remaining rental upside through unit renovations. Ongoing investment and development activity throughout South Los Angeles, coupled with the asset’s remaining value-add potential, position 6521 South Crenshaw Boulevard as a compelling opportunity for investors seeking cash flow and long-term appreciation. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$343 USD /SF

# OF UNITS

14

PRICE/UNIT

$185,714

CAP RATE

7.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14-Units (12 + 2 ADUs) Value-Add in South LA

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,765 SF

ZONING

C2-2D-SP

APN/PARCEL ID

4006-018-006

ASK ABOUT THIS PROPERTY

Sean RosenzweigMarcus & MillichapMore Info
213-943-1897

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Sean RosenzweigMarcus & MillichapMore Info
213-943-1897

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