Six-Unit Apartment
For Sale
$985,000
239 W 113th, Los Angeles, CA 90061
COMMERCIAL - Los Angeles, CA
Property SizeContact for details
Lot Size0.29 Acres
Days on Market129
Property Features for 239 W 113th
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 1, Bathroom 3
Parking
14
Lot features
6-10 Units/ Acre
Directions
S Broadway and Imperial Hwy
Subdivision
C36 - Metropolitan Southwest
Standard status
Active
APN
6074023031
Lot size
0.29 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1924
Floors in Building
1
Number of units
6
Listing Agency:
Keller Williams Coastal Prop. · Keller Williams Realty
(562) 961-1400
Listed By:
Alex Colombo · License #01927702
(310) 978-7950
Added: Apr 10
Changed: Aug 14
Last Checked: Aug 16 at 9:06AM
MLS# PW26079160
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Investment Insights
Based on property information with market context.
This six-unit apartment building on a 0.2852-acre lot was built in 1924. The property is separately metered for gas and electricity, which can help limit shared utility exposure across the units. Public water and public sewer service are in place.
The offering is described as an operator deal structured for day-one cash flow, with a stated current cap rate of 6.56% and a current GRM of 8.61 based on the offering financials. The unit-level income is described as already in place, with rent reset potential over time tied to turnover rather than a heavy repositioning plan.
Additional interior details include multiple bedrooms and bathrooms across the unit mix, supporting a small-balance multifamily investor or owner-operator seeking a stabilized, cash-flowing asset.
The offering is described as an operator deal structured for day-one cash flow, with a stated current cap rate of 6.56% and a current GRM of 8.61 based on the offering financials. The unit-level income is described as already in place, with rent reset potential over time tied to turnover rather than a heavy repositioning plan.
Additional interior details include multiple bedrooms and bathrooms across the unit mix, supporting a small-balance multifamily investor or owner-operator seeking a stabilized, cash-flowing asset.
Key Highlights
- Six‑unit apartment building
- 0.2852‑acre lot
- Built in 1924
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
Explore this area
Business Placement
Demographics for 90061, CA
29,570
Population
8,300
Households
3.6
Avg Household Size
32
Median Age
12%
College-Educated
61%
High-School Grad
2.7 sq mi
ZIP Area
10,952
Density / Sq Mi
$60,114
Median Household Income
$34,963
Median Earnings
$1,498
Median Rent
$576,400
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 - Six-unit multifamily property with public water and sewer and separate gas and electricity metering.
Where is this apartment building located?
The property is located at 239 W 113th Los Angeles, CA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Six‑unit apartment building; 0.2852‑acre lot; Built in 1924
