Los Angeles Multifamily Investment
6006 Overhill Drive Los Angeles, CA 90043
For Sale
$1,370,000
Multifamily property with significant rental upside in Los Angeles.
Days on Market319
Property Features for 6006 Overhill Drive
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1952
Listing Agency:
LEE & ASSOCIATES REALTY GROUP
(949) 724-1000
Listed By:
JOHN GESSFORD
Source:
Corcoran
Added: Sep 10, 2025
Changed: Jul 6
Last Checked: Jul 24 at 7:59AM
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 LEE & ASSOCIATES REALTY GROUP
Investment Insights
Based on property information with market context.
This multifamily property, available for the first time in over 41 years, presents a significant investment opportunity. The current rents are substantially below market rates, offering considerable potential for increased rental income. Additional revenue opportunities exist through the laundry room, which currently provides free laundry services to tenants. The property includes private garages for each tenant, representing another potential source of additional income. Recent improvements include new garage doors installed in April 2024 and a new roof installed in March 2018. The electrical panel and system have also been upgraded. The proforma cap rate is 7.98%.
Key Highlights
- Significant rental income upside due to below‑market rents.
- Rare private garages for each tenant, offering potential for additional income.
- Proforma Cap Rate of 7.98%.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Multifamily property with significant rental upside in Los Angeles.
Where is this apartment building located?
The property is located at 6006 Overhill Drive Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,370,000.
What are key features of this property?
This property features: Significant rental income upside due to below‑market rents.; Rare private garages for each tenant, offering potential for additional income.; Proforma Cap Rate of 7.98%.
