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Six-Unit Bungalow Apartment Building
For Sale
$2,850,000

6043 Selma Ave, Los Angeles, CA 90028

Gated grounds feature individually fenced homes, period detailing, and recent upgrades to three residences.

Property Size4,328 SF
Days on Market11

Property Features for 6043 Selma Ave

General Information

Standard status Active
Size 4,328 SF
Property subtype MULTI_FAMILY

Additional Details

Public Transit Yes
Multifamily Units 6

Amenities

private fenced yard
gated lot

Building Details

Building Size 4,328 SF
Year Built 1914
Buildings 6
Construction bungalow
Listing Agency: Compass
Listed By: Michael Lehman · License #01006521
Source: Rochellemaize
Added: Aug 31 Changed: Sep 9 Last Checked: Sep 10 at 8:57AM

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 1914 apartment property includes six separate bungalow residences arranged on an almost half-acre gated parcel. Each home has its own fenced outdoor area and retains original woodwork and other period character. Three units received substantial renovations within the past 2 years, including updated electrical and plumbing systems, HVAC, kitchens, bathrooms, and flooring.

Roof work has also been completed across the property: five residences have new roofs, while the sixth was inspected and certified. The community is located at 6043 Selma Ave in Hollywood, within walking distance of the Metro, shopping, and restaurants. Its setting combines access to nearby amenities with a quieter, tree-lined residential environment. Several tenants have remained in place for more than 20 years, reflecting established occupancy stability.

Key Highlights

  • Six individual bungalow homes on an almost half‑acre gated lot
  • Three units renovated within the past 2 years with new electrical, plumbing, HVAC, kitchens, baths, and flooring
  • Five units have new roofs; the sixth was inspected and certified

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Adult Day Care Nursing Home Clothing & Fashion Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

5,392
Businesses Nearby

Demographics for 90028, CA

32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Gated grounds feature individually fenced homes, period detailing, and recent upgrades to three residences.
Where is this apartment building located?
The property is located at 6043 Selma Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Six individual bungalow homes on an almost half‑acre gated lot; Three units renovated within the past 2 years with new electrical, plumbing, HVAC, kitchens, baths, and flooring; Five units have new roofs; the sixth was inspected and certified
More about this property
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