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Remodeled Quadplex with Rental Income
For Sale
$889,000

6114 Wall, Los Angeles, CA 90003

Los Angeles, CA

Property Size2,652 SF
Lot Size0.12 Acres
Price / SF$335.22
Days on Market100

Property Features for 6114 Wall

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Laundry Room, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 3
Lot features 2-5 Units/ Acre
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions Between San Pedro St. and Main St.
Subdivision 699 - Not Defined
Standard status Active
APN 6006009019
Size 2,652 SF
Lot size 0.12 Acres

Utilities

Sewer type Public Sewer

Building Details

Year built 1922
Floors in Building 1
Number of units 2
Listing Agency: eXp Realty of California Inc.
Listed By: Samuel Barragan · License #02154974
Added: Jul 6 Changed: Oct 13 Last Checked: Oct 13 at 4:06PM
MLS# DW26151244

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1922 quadplex contains four one-bedroom, one-bath residences within 2,652 square feet. One unit has been remodeled and is vacant, while the other three are rented. Parking includes street availability for three residences and two dedicated spaces for the remaining unit. The property also offers driveway access and updated electrical systems.

Set on a 5,117 square foot R2-zoned lot in Los Angeles, the building occupies a corner location with frontage along Wall. Public sewer serves the property, and nearby context includes shops, hospitals, LAX, SoFi Stadium, major freeways, and public transportation. The four-unit configuration provides an owner-occupant setup with three rented residences and one available unit.

Key Highlights

  • Four‑unit property with four one‑bedroom, one‑bath residences
  • 2,652 square feet of building area; built in 1922
  • Three units are rented; one remodeled unit is vacant

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
Apartment 5plus
$46.89M
$41.02M – $54.70M (±1% cap)
NOI $3,281,993 @ 7.0% cap · market cap 369.18%
Second Best
Multifamily LT 5
$857.7K
$750.5K – $1.00M (±1% cap)
NOI $60,036 @ 7.0% cap · market cap 6.75%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Acupuncture Accounting Firm

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

4
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,537
Businesses Nearby

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
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom residences include a remodeled vacancy, three rented units, and a mix of street and dedicated parking.
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‑unit property with four one‑bedroom, one‑bath residences; 2,652 square feet of building area; built in 1922; Three units are rented; one remodeled unit is vacant
More about this property
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