8536 Saturn St - Apartments FOR SALE


Los Angeles, CA 90035- Pico-Robertson
$1,700,000 USD
310-979-4990
8536 Saturn St, Los Angeles, CA for Sale
$1,700,000 USD
Apartments - FOR SALE
1/20
null | 5.12% Cap Rate

8536 Saturn St
Los Angeles, CA 90035
Pico-Robertson


HIGHLIGHTS

  • First time on market since built in 1956. Well-maintained multifamily asset in Pico-Robertson offering immediate value-add upside.
  • Great Upside - 3 units delivered vacant at closing providing opportunity to renovate and achieve market rates immediately.
  • Just off Pico Boulevard with quick access to La Cienega, Robertson, and major east-west corridors, placing retail, and dining.
  • Lifestyle Appeal – Surrounded by neighborhood retail, cafés, parks, and cultural assets that enhance tenant quality and retention.
  • Can be sold together with 1043. S. Holt Ave 6-Unit.

OVERVIEW

8536 Saturn Street presents a rare opportunity to acquire a six-unit multi-family asset in the highly desirable Pico-Robertson neighborhood of Los Angeles. Priced at $1,700,000, the property offers an attractive blend of immediate income and long-term value-add potential. Three units will be delivered vacant at close of escrow, allowing investors or owner-users to reposition the property and achieve market rents quickly. Once vacant units stabilizes, the asset is projected to operate at an approximate 5.12% CAP rate and 11.70 GRM. Upside potential presents proforma CAP rate at 8.47% and 8.24 GRM! Originally built in 1956 and offered for the first time by the original builder's family, this legacy property combines mid-century character with a proven income profile. The 4,480-square-foot building sits on a 6,000-square-foot lot and features a desirable unit mix of five 1-bedroom + 1-bath units and one 2-bedroom + 1-bath unit, well-suited to the strong rental demand in the area. Ideally situated just south of Pico Boulevard and west of La Cienega, 8536 Saturn Street offers exceptional access to major employment centers and lifestyle amenities. Tenants enjoy proximity to Beverly Hills, Century City, Culver City, and West Hollywood, as well as easy connections to the 10 Freeway and Metro E Line. The property is walkable to an array of neighborhood conveniences, including popular cafes, restaurants, and markets along Pico and Robertson Boulevards, making it ahighly desirable rental location for professionals and families alike. Seismic retrofit plans have already been approved by the City and will be included in the sale,providing a clear path to compliance for the next owner. 8536 Saturn Street represents a rare opportunity to acquire a well-located, generational West Los Angeles asset with multiple avenues for future growth. The property is being presented in "as-is" condition, with three tenants currently in place & 3 unit delivered vacant. Can be sold together with 1043 S. Holt Ave 6-Unit - APN # 4332-024-029. Request Listing Agents for full Offering Memorandum.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

6

PRICE/UNIT

$283,333

CAP RATE

5.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,000 SF

ZONING

LAR3

APN/PARCEL ID

4303-033-007

ASK ABOUT THIS PROPERTY

Eric SacklerColdwell Banker Commercial RealtyMore Info
310-979-4990

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Eric SacklerColdwell Banker Commercial RealtyMore Info
310-979-4990

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