16-UNITS IN VERMONT SQUARE| $121K per door | 7.28% CAP | 3 VACANT UNITS | Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor. Features on-site laundry hookups.
| MLS # | 26666033 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1927 |
| Days On Site | 157 |
| Listing Provided By | Compass | George Morales |
| SQ Feet | 8,820 |
|---|---|
| Units | 16 |
| Building(s) | 1 |
| Zoning | LAR1 |
| Acreage | 0.13 |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90062 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90062) | |
Price: $1,699,000 low | high Med: $1,204,500 sqft: 8,820 low | high Med: 2,609 $ / sqft: $193 low | high Med: $466 On site: 157 low | high Med: 213.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90062 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90062) | |
Price: $1,699,000 low | high Med: $1,204,500 sqft: 8,820 low | high Med: 2,609 $ / sqft: $193 low | high Med: $466 On site: 157 low | high Med: 213.5 | |
![]() | $1,699,0001628 W 45th StreetLos Angeles, CA 90062 |