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4026 S Morgan Ave

Los Angeles, CA 90011
  • $1,250,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 25502429
$1,250,000
  • 12
    BEDS
  • 0.18
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,538
    SQFT
  • $275
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

Priced at 6.27% CAP and 10.33 GRM with current low rents. Value add deal with approximately 68% upside in rents! Priced at 6.15 GRM and 12.66% 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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-16T23:43:02.25. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/160813889
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4026 S Morgan Ave Los Angeles, CA 90011

  • Price: $1,250,000
  • Status: Active
  • On Site: 112 Days
  • MLS #: 25502429
12
Beds
7
Baths
0
½ Baths
0.18
Acres
4,538
SQFT
$275
$/SQFT
1963
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Priced at 6.27% CAP and 10.33 GRM with current low rents. Value add deal with approximately 68% upside in rents! Priced at 6.15 GRM and 12.66% 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.
Exterior Features

Levels Two Lot Size Area 7929 Other Structures None Parking Garage Gated Total Parking 6

Interior Features

Cooking Appliances Gas Cooling Wall Unit(s) Equipment Other Heating Wall Laundry Laundry Area Laundry Equipment Own Water Heater Features Central Water Heater

Property Features

Assessed Total Value 1131169 Disclosures As IsRent Control Gross Income 121032 Gross Operating Income 117401 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 78328.00 Number Of Buildings 1 Number Of Units 6 Rent Control YN Yes Sale Type Standard Security Features Automatic GateGated Source Living Area Vendor Enhanced Source Lot Size Area Assessor Tenant Pays ElectricityGasTrash Collection Total Annual Expense 39073 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning LAR2

Listing provided courtesy of Ramin Gheitanchi DRE#01501715 of Keller Williams Beverly Hills: 310-432-6400.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-16T23:43:02.25. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210