Renovated Apartment Building with Gated
3815 McLaughlin Avenue Los Angeles, CA 90066
3815 McLaughlin Avenue, Los Angeles, CA, 90066
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For Sale
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Primarily fully renovated apartment building with on-grade gated parking and a long-term T-Mobile cell tower lease.
Property Size24,196 SF
Price / SF$650.93
Days on Market53
Property Features for 3815 McLaughlin Avenue
General Information
- Standard status
- Active
- Size
- 24,196 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1989
Listing agency
Investment Real Estate Associates
Listed by
Clark Everitt · License #CA 01363007
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 1:51PM Checked: Jul 22 at 3:08PM
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Investment Insights
Based on property information with market context.
This multifamily apartment building is positioned for steady day-to-day operations, with most units fully renovated. Updates include all-new kitchens and bathrooms, new flooring, and washer/dryer installed in the units. The property also includes an on-site parking area with 54 on-grade, gated parking spaces.
The building is located at 3815 McLaughlin Avenue in Los Angeles’ West Los Angeles area. The property also benefits from a long-term cell tower lease with T-Mobile, which is described as having 3% annual increases.
For buyers evaluating residential income options, the recent unit turnover and in-unit washer/dryer can reduce near-term renovation concerns. The parking count and gated configuration support tenant convenience, while the existing cell tower lease provides an additional revenue stream tied to the stated 3% annual increases. The seller also notes that AB 1482 allows for 8.7% increases as of August 2026, which may be a relevant consideration for underwriting rent growth under the applicable program.
The building is located at 3815 McLaughlin Avenue in Los Angeles’ West Los Angeles area. The property also benefits from a long-term cell tower lease with T-Mobile, which is described as having 3% annual increases.
For buyers evaluating residential income options, the recent unit turnover and in-unit washer/dryer can reduce near-term renovation concerns. The parking count and gated configuration support tenant convenience, while the existing cell tower lease provides an additional revenue stream tied to the stated 3% annual increases. The seller also notes that AB 1482 allows for 8.7% increases as of August 2026, which may be a relevant consideration for underwriting rent growth under the applicable program.
Key Highlights
- Apartment building built in 1989
- Most units fully renovated with new kitchens, bathrooms, flooring, and in‑unit washer/dryer
- 54 on‑grade gated parking spaces
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FAQs
What type of property is this?
Apartment building - Primarily fully renovated apartment building with on-grade gated parking and a long-term T-Mobile cell tower lease.
Where is this apartment building located?
The property is located at 3815 McLaughlin Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $15,750,000.
What are key features of this property?
This property features: Apartment building built in 1989; Most units fully renovated with new kitchens, bathrooms, flooring, and in‑unit washer/dryer; 54 on‑grade gated parking spaces
