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Courtyard-Style Apartment Building
New
For Sale
$4,000,000

4646 Coliseum St, Los Angeles, CA 90016

The two-story property offers a varied apartment mix, gated access, and separately metered gas and electricity.

Property Size16,649 SF
Lot Size0.38 Acres
Price / SF$240.25
Days on Market5

Property Features for 4646 Coliseum St

General Information

Standard status Active
Size 16,649 SF
Total Parking Spaces 13
Lot size 0.38 Acres
Property subtype MULTI_FAMILY

Financials

Asking Price $4,000,000
Cap Rate 6.61%
Gross Income $420,084
Gross Rent Multiplier 9.52

Units

Unit Mix 8 x 2BR/1BA, 9 x 1BR/1BA, 1 x studio
Multifamily Units 18

Additional Details

Utilities to Site Yes

Amenities

courtyard
open-air walkways
gated entry

Building Details

Building Size 16,649 SF
Year Built 1954
Stories 2
Construction courtyard-style
Listing Agency: Compass
Listed By: Max Berger · License #02054048
Source: Benbelack
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 11 at 9:34AM

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 Compass

Investment Insights

Based on property information with market context.

This 18-unit apartment property was built in 1954 and contains approximately 16,649 square feet on a 16,500-square-foot lot. The two-story layout includes eight two-bedroom, one-bath apartments, nine one-bedroom, one-bath apartments, and one studio. A landscaped courtyard with mature trees sits within the building, alongside open-air walkways and a gated entrance from Coliseum Street. Gas and electricity are separately metered, and the property has 13 carport parking spaces.

The property is in Baldwin Village near the intersection of S La Brea Avenue and Obama Boulevard. Nearby neighborhood destinations include Coliseum Street Elementary, Hillcrest Drive Elementary, Stella Middle Charter Academy, and Jim Gilliam Recreation Center. The West Jefferson corridor, with restaurants and retail including Highly Likely and Maydan Market, is a short drive north.

The stated current performance is a 6.61% cap rate and 9.52 GRM. Projected figures are a 9.18% cap rate and 7.57 GRM, with projected rental income described as approximately 25% above current levels.

Key Highlights

  • 18 apartments: eight 2‑bedroom/1‑bath units, nine 1‑bedroom/1‑bath units, and one studio
  • Approximately 16,649 SF of building area on a 16,500 SF lot
  • Two‑story courtyard layout with mature trees, open‑air walkways, and gated Coliseum Street entry

Property Analytics

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Current Use

Entertainment Music Venue

Suggested Use

Top Pick Law Firm Computer & Electronic Repair Travel Agency Barber Shop Bar & Pub Food Market

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

18
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,221
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
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 - The two-story property offers a varied apartment mix, gated access, and separately metered gas and electricity.
Where is this apartment building located?
The property is located at 4646 Coliseum St Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 18 apartments: eight 2‑bedroom/1‑bath units, nine 1‑bedroom/1‑bath units, and one studio; Approximately 16,649 SF of building area on a 16,500 SF lot; Two‑story courtyard layout with mature trees, open‑air walkways, and gated Coliseum Street entry
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