6-Unit Apartment
4116 Garthwaite Ave, Los Angeles, CA 90008
For Sale
New
$1,685,000
Each residence is a one-bedroom unit averaging 805 square feet.
Property Size4,830 SF
Days on Market6
Property Features for 4116 Garthwaite Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
courtyard
Building Details
Building Size
Year Built
Construction
Listing Agency:
Lisa Carr & Associates
Listed By:
Lisa Carr Smith · License CA #01189469
(725) 600-2913
Source:
Jademillsestates
Added: Nov 4
Changed: Nov 9
Last Checked: Nov 8 at 10:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lisa Carr & Associates
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Investment Insights
Based on property information with market context.
Built in 1930, this Spanish-style stucco apartment property contains six one-bedroom units averaging 805 square feet each. Interior features include hardwood flooring and updated kitchen floors. The courtyard provides a shared outdoor area for residents.
Improvements include new plumbing, electrical systems, and roof. Exterior painting has been completed, and four of the six units have received interior paint. The property is located at 4116 Garthwaite Ave in Los Angeles.
Improvements include new plumbing, electrical systems, and roof. Exterior painting has been completed, and four of the six units have received interior paint. The property is located at 4116 Garthwaite Ave in Los Angeles.
Key Highlights
- Six one‑bedroom units, averaging 805 square feet each
- 1930 construction with Spanish‑style stucco exterior
- New plumbing, electrical systems, and roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,719
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,554,380
$1.6M
Cap Rate 7%
$1,110,271
$1.1M
Cap Rate 9%
$863,544
$863.5K
Market Conditions
NOI Build-Up for 4,830 SF
Gross rent
$153.6K $31.80/SF
− Vacancy
−$12.3K −$2.54/SF
EGI
$141.3K $29.26/SF
− OpEx
−$63.6K −$13.17/SF
NOI
$77.7K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,554,380
Cap Rate 7%
$1,110,271
Cap Rate 9%
$863,544
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$971.5K – $1.30M
NOI $77,719 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.02M
$1.76M – $2.35M
NOI $141,161 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
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Business Placement
Demographics for 90008, CA
33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence is a one-bedroom unit averaging 805 square feet.
Where is this apartment building located?
The property is located at 4116 Garthwaite Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,685,000.
What are key features of this property?
This property features: Six one‑bedroom units, averaging 805 square feet each; 1930 construction with Spanish‑style stucco exterior; New plumbing, electrical systems, and roof
