1628 W 45th Street, Los Angeles, CA 90062

Local realty services provided by:ERA Carlile Realty Group
1628 W 45th Street,Los Angeles, CA 90062
$2,000,000
  • 4 Beds
  • 16 Baths
  • 9,810 sq. ft.
  • Multi-family
  • Active
Listed by: max berger
Office: compass
MLS#:25620917
Source:CRMLS

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$203.87

About this home

Offered at $125,000 per unit, 1628 West 45th is a South LA value-add opportunity that immediately pencils for investors focused on yield, long-term upside, and a favorable basis. Priced at $204 per foot with current metrics of a 6.97% CAP and 8.82 GRM, the property offers a compelling entry point relative to competing assets across South LA. It is priced in line with recent sales comps and positioned to sell, supported by a motivated seller who is prepared to meet the market. With approx. 35% rental upside, the building is projected to stabilize at a 10.80% market CAP and 6.52 market GRM once renovated units are brought to full market rents. Located in the Vermont Square neighborhood near Western and Vernon, the property sits at the convergence of several South LA corridors that continue to attract both local and institutional investors. The location delivers meaningful convenience for residents, situated just 0.7 miles from both MLK Elementary School and Normandie Avenue Elementary

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Home facts

  • Year built:1927
  • Listing ID #:25620917
  • Added:1 day(s) ago
  • Updated:November 20, 2025 at 12:57 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:16
  • Living area:9,810 sq. ft.

Structure and exterior

  • Year built:1927
  • Building area:9,810 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$203.87
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