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Listing Courtesy Of:
Keller Williams Beverly Hills, 310-432-6400, Ramin Gheitanchi
Local Realty Services Provided By:
Keller Williams Realty Los Feliz
Overview
What It'll Cost
Neighborhood
Similar Homes
4026 S Morgan Ave, Los Angeles, CA 90011
12 Beds
7 Baths
4026 S Morgan Ave, Los Angeles, CA 90011
Estimation provided by Keller Williams Realty Inc.
12 Beds
7 Baths
Active
For Sale
Property Description
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.
Property Details
Compare This Home
Overview
Property Type
Residential Income
Property Size
Year Built
1963
Days on Site
29 Days
HVAC
Cooling: Wall Unit(s), Heating: Wall
Parking
6 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$1,325,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/04/2025
Price Decrease
(-5.02% )
02/24/2025
Listed
(+32.23% )
06/12/2019
Sold
(+76.72% )
03/15/2004
Sold
(+57.11% )
02/06/2003
Sold
(+85.37% )
10/12/1999
Sold
(+32.26% )
07/15/1998
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+4.64% )
Land 688,520 +
Additions 420,470
2022
(+1.32% )
Land 661,785 +
Additions 404,144
2021
(+35.87% )
Land 661,785 +
Additions 404,144
2019
(+14,904.34% )
Land 655,000 +
Additions 400,000
2017
Land 238,882 +
Additions 492,472
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
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Car-Dependent
Walkable
Very Walkable
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