Four-Unit Quadplex with
6114 Wall, Los Angeles, CA 90003
For Sale
$889,000
Four one-bedroom residences include updated electrical panels and mini-split HVAC systems in three units.
Property Size2,652 SF
Lot Size0.12 Acres
Days on Market120
Property Features for 6114 Wall
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
eXp Realty of California Inc.
Listed By:
Samuel Barragan · License #02154974
(323) 440-8662
Source:
Truthrealty
Added: Jul 13
Changed: Nov 5
Last Checked: Nov 8 at 3:36PM
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 eXp Realty of California Inc.
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Investment Insights
Based on property information with market context.
Built in 1922, this quadplex contains four separate 1-bedroom, 1-bathroom units on a 5,117 sq. ft. R2 corner lot. Recent work includes new electrical panels throughout and new mini-split HVAC systems serving three of the four residences. One unit has two dedicated off-street parking spaces, while street parking is also available. A driveway provides on-site access.
The property is located near LAX, SoFi Stadium, shopping centers, hospitals, major freeways, and public transportation. Its four-unit configuration includes the option for an owner-occupant arrangement, with one residence available for personal use and three additional units on the property.
The property is located near LAX, SoFi Stadium, shopping centers, hospitals, major freeways, and public transportation. Its four-unit configuration includes the option for an owner-occupant arrangement, with one residence available for personal use and three additional units on the property.
Key Highlights
- Four 1‑bedroom, 1‑bathroom units
- 5,117 sq. ft. R2 corner lot
- New electrical panels installed throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,036
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,720
$1.2M
Cap Rate 7%
$857,657
$857.7K
Cap Rate 9%
$667,067
$667.1K
Market Conditions
NOI Build-Up for 2,652 SF
Gross rent
$87.5K $33.00/SF
− Vacancy
−$1.8K −$0.66/SF
EGI
$85.8K $32.34/SF
− OpEx
−$25.7K −$9.70/SF
NOI
$60.0K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,720
Cap Rate 7%
$857,657
Cap Rate 9%
$667,067
Alternative Uses
Best Use
Multifamily LT 5
$857.7K
$750.5K – $1.00M
NOI $60,036 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$609.6K
$533.4K – $711.2K
NOI $42,673 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$1.08M
$945.5K – $1.26M
NOI $75,636 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,537
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom residences include updated electrical panels and mini-split HVAC systems in three units.
Where is this quadplex located?
The property is located at 6114 Wall Los Angeles, CA.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bathroom units; 5,117 sq. ft. R2 corner lot; New electrical panels installed throughout
