Multifamily
6521 S Crenshaw Boulevard
6521 S Crenshaw Blvd, Los Angeles, CA 90043
Listing Price: $2,600,000
Investment Overview
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.
Investment 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
Exclusively Listed By
Financing By
Listing Price: $2,600,000
Investment 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
Investment Overview
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.
Exclusively Listed By
Financing By