11-Unit Apartment
637 S Mcdonnell Ave, Los Angeles, CA 90022
For Sale
$1,775,000
Residential Income, Los Angeles, CA
Property Size4,072 SF
Lot Size0.16 Acres
Price / SF$435.90
Days on Market94
Property Features for 637 S Mcdonnell Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Cooling system
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Remax Commercial and Investment Realty · RE/MAX International
(213) 817-1000
Listed By:
Enrique Viramontes · License CA #01372010
(213) 233-4363
Added: Aug 13
Changed: Nov 12
Last Checked: Nov 14 at 2:06PM
MLS# 26872303
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This apartment property contains 11 units within 4,072 square feet on a 0.1594-acre lot. The configuration includes one two-bedroom, one-bath unit, six one-bedroom, one-bath units, and four studios. Mostly single-story construction supports a straightforward physical layout, while window unit cooling and assigned parking are provided. Built in 1927, the property is zoned LCR2YY and offers an existing income-producing configuration. Plans for two ADUs were previously approved, subject to applicable zoning and permitting requirements.
The property is located at 637 S Mcdonnell Ave in Los Angeles, near the Metro Gold Line Station and East Los Angeles Civic Center. Whittier Boulevard provides nearby shopping, dining, and daily services. Regional access includes the 710, 10, and 5 Freeways, connecting the property with Downtown Los Angeles and other destinations throughout the area.
The property is located at 637 S Mcdonnell Ave in Los Angeles, near the Metro Gold Line Station and East Los Angeles Civic Center. Whittier Boulevard provides nearby shopping, dining, and daily services. Regional access includes the 710, 10, and 5 Freeways, connecting the property with Downtown Los Angeles and other destinations throughout the area.
Key Highlights
- 11‑unit configuration with one 2 bd + 1 ba, six 1 bd + 1 ba, and four studios
- 4,072 square feet on a 0.1594‑acre lot
- Plans for two ADUs were previously approved
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,132
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,702,640
$1.7M
Cap Rate 7%
$1,216,171
$1.2M
Cap Rate 9%
$945,911
$945.9K
Market Conditions
NOI Build-Up for 4,072 SF
Gross rent
$155.9K $38.28/SF
− Vacancy
−$1.1K −$0.27/SF
EGI
$154.8K $38.01/SF
− OpEx
−$69.7K −$17.11/SF
NOI
$85.1K $20.91/SF
Area
ZIP 90022
Vacancy
0.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,702,640
Cap Rate 7%
$1,216,171
Cap Rate 9%
$945,911
Alternative Uses
Best Use
Apartment 5plus
$1.22M
$1.06M – $1.42M
NOI $85,132 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,135 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
11
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,538
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Mostly single-story layout with assigned parking and a mix of studios and one- and two-bedroom units.
Where is this apartment building located?
The property is located at 637 S Mcdonnell Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: 11‑unit configuration with one 2 bd + 1 ba, six 1 bd + 1 ba, and four studios; 4,072 square feet on a 0.1594‑acre lot; Plans for two ADUs were previously approved
