16-Unit Apartment
For Sale
Under Contract
$1,699,000
1628 W 45th St, Los Angeles, CA 90062
MULTI_FAMILY - Los Angeles, CA
Property Size8,820 SF
Lot Size0.13 Acres
Price / SF$192.63
Days on Market136
Property Features for 1628 W 45th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR1
Bedrooms
4
Bathrooms
16
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 9, Bathroom 15, Bathroom 12, Bathroom 13, Bathroom 10, Bathroom 14, Bedroom 3, Bathroom 8, Bathroom 7, Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 11, Bathroom 6, Bedroom 4, Bathroom 16, Bathroom 1, Bedroom 2, Bathroom 2
Directions
Situated just south of Western and Vernon, the property is within 0.7 miles of local schools, 1.5 miles from Exposition Park, and 2 miles from Baldwin Hills Crenshaw Plaza.
Subdivision
Los Angeles Southwest
Standard status
Active Under Contract
APN
5016-007-022
Size
8,820 SF
Lot size
0.13 Acres
Building Details
Year built
1927
Floors in Building
2
Number of units
16
Listing Agency:
Compass
(310) 230-5478
Listed By:
George Morales · License #01984555
(323) 578-8423
Added: Mar 17
Changed: Jul 29
Last Checked: Jul 30 at 2:06PM
MLS# 26665941
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 16-unit apartment building offers a mix of occupied and vacant apartments, with three units currently vacant. The property includes on-site laundry hookups for residents.
Located in the Vermont Square area, the building is described as well-positioned near Western & Vernon, with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor.
Zoning is listed as LAR1. The offering references $121K per door and a 7.28% cap rate based on provided figures.
Located in the Vermont Square area, the building is described as well-positioned near Western & Vernon, with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor.
Zoning is listed as LAR1. The offering references $121K per door and a 7.28% cap rate based on provided figures.
Key Highlights
- 16‑unit apartment building at 1628 W. 45th Street
- Offered at $1,950,000 ($121K per door) with about $199/SF
- Reported 7.28% cap rate and strong in‑place income
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Explore this area
Business Placement
Demographics for 90062, CA
32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Sixteen-unit multifamily property with three vacant units and on-site laundry hookups.
Where is this apartment building located?
The property is located at 1628 W 45th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 16‑unit apartment building at 1628 W. 45th Street; Offered at $1,950,000 ($121K per door) with about $199/SF; Reported 7.28% cap rate and strong in‑place income
