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4026 S Morgan Avenue Los Angeles, CA 90011
$1,325,000 12 beds, 7 baths
4, 538 sqft
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VALUE ADD DEAL WITH APPROXIMATELY 68% UPSIDE IN RENTS! Priced at 6.51 GRM and 11.9% CAP with rents at market. Please contact listing agent for marketing package. Keller Williams Commercial Beverly Hills has been exclusively retained by the owner in connection with the sale of 4026 S. Morgan Ave, a 6-unit apartment building centrally located in South Los Angeles within minutes to USC, Downtown LA, Arts District, Crypto Arena and the Fashion District. The Property has been well maintained by the current ownership and is fully occupied. Excellent unit mix consisting of five large 2 bedroom 1 bath units and one 3 bedroom 2 bath unit. The property is separately metered for gas, electricity and tenants pay their own trash bill. Property features gated parking and on-site laundry room with machines owned by Seller. Priced at $220,833/unit, $292/S.F, 5.84% CAP and 10.95 x current low rents. Value add deal with approximately 68% upside in rents! Priced at 6.51 GRM and 11.9% CAP with rents at market.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25502429
List price is $1,325,000 Reduced by $70,000 on 3/4/2025
Beds: 12
Baths: 7
Built in 1963
4,538 sqft
2 stories
0.18 acres
Lot size: 0.1820
County: Los Angeles
Zoning: LAR2
Parking description: Gated
Heating description: Wall Furnace
MLS area: C42 - Downtown L.A.

Last Updated: 3/4/2025

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.009193, -118.244726.
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Listing Agent: Ramin Gheitanchi
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
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Out of households, are families.

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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