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Six-Unit Bungalow Apartment Property
For Sale
$2,850,000

6043 Selma Ave, Los Angeles, CA 90028

Residential Income, California Bungalow, Los Angeles, CA

Property Size4,328 SF
Lot Size0.45 Acres
Price / SF$658.50
Days on Market11

Property Features for 6043 Selma Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR4
Bedrooms 10
Bathrooms 6
Full bathrooms 2
Rooms Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 9, Bedroom 8, Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 4, Bathroom 6, Bedroom 7, Bedroom 10, Bathroom 3, Bedroom 2
Parking 9
Parking features Guest, Driveway, Gated, Assigned
Appliances Microwave, Free Standing Gas
Directions From the 101 Travel West on Sunset Right on Labaig Ave. The property is at the turn of Selma & Labaig. The driveway leads up to units. From Gower, head east on Selma to the end of the block.
Subdivision Hollywood
Standard status Active
APN 5545-007-040
Size 4,328 SF
Lot size 0.45 Acres

Utilities

Heating system Zoned
Cooling system Ceiling Fan(s), Wall/Window Unit(s)

Amenities

gated lot
private fenced yard

Building Details

Year built 1914
Floors in Building 1
Number of units 6
Flooring type Tile - Ceramic, Hardwood, Laminate
Architectural style Bungalow
Listing Agency: Compass
Listed By: Michael Lehman · License #01006521
Added: Aug 31 Changed: Sep 8 Last Checked: Sep 10 at 7:06PM
MLS# 26960303

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property comprises six separate bungalow residences within a gated setting. The buildings provide 4,328 square feet on a 0.4548-acre lot, with each unit featuring its own private, fenced yard. Original woodwork and other period details remain throughout the homes, complemented by hardwood, ceramic tile, and laminate flooring. The property includes driveway, assigned, guest, and gated parking, along with zoned heating and ceiling fan or wall/window unit cooling.

Three units were fully renovated within the past 2 years with updated electrical, plumbing, HVAC, kitchens, bathrooms, and flooring. Five units received new roofs, while the remaining roof was inspected and certified. Built in 1914 with bungalow architecture, the property is positioned on Selma Ave in Los Angeles, within walking distance of Metro, retail, and restaurants. The address is in the 90028 postal area and carries LAR4 zoning.

Key Highlights

  • Six individual bungalow residences on a 0.4548‑acre gated lot
  • 4,328 square feet of building area
  • Three units renovated within the past 2 years

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Adult Day Care Nursing Home Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

5,392
Businesses Nearby

Demographics for 90028, CA

32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Gated multifamily compound with private fenced yards, recent renovations, and convenient access to Metro, shopping, and restaurants.
Where is this apartment building located?
The property is located at 6043 Selma Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Six individual bungalow residences on a 0.4548‑acre gated lot; 4,328 square feet of building area; Three units renovated within the past 2 years
More about this property
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