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4026 S Morgan Avenue

Los Angeles, CA 90011

– beds
– baths
– sqft
7,929 sqft lot
1963 build
– on site

VALUE ADD DEAL WITH APPROXIMATELY 68% UPSIDE IN RENTS! Priced at 6.51 GRM and 11.9% CAP with rents at market. Please contact listing agent for marketing package. Keller Williams Commercial Beverly Hills has been exclusively retained by the owner in connection with the sale of 4026 S. Morgan Ave, a 6-unit apartment building centrally located in South Los Angeles within minutes to USC, Downtown LA, Arts District, Crypto Arena and the Fashion District. The Property has been well maintained by the current ownership and is fully occupied. Excellent unit mix consisting of five large 2 bedroom 1 bath units and one 3 bedroom 2 bath unit. The property is separately metered for gas, electricity and tenants pay their own trash bill. Property features gated parking and on-site laundry room with machines owned by Seller. Priced at $220,833/unit, $292/S.F, 5.84% CAP and 10.95 x current low rents. Value add deal with approximately 68% upside in rents! Priced at 6.51 GRM and 11.9% CAP with rents at market.

Listed By CRMLS_CA / Ramin Gheitanchi / Keller Williams Beverly Hills

Last checked: Checking… • Last updated Mar 4, 2025 •

MLS# 25502429 —

The Building

Year Built:

1963
New Construction:

No
Building Area Total:

4538.00
Total Number Of Units:

6
# of Buildings:

1
Stories Total:

2

Interior

Levels:

Two

Financial & Terms

Disclosures:

Rent Control

Location

Directions:

Located within minutes to USC, Downtown LA, Arts District, Crypto Arena and the Fashion District. Just 1 block to Ross Snyder Recreation Center featuring soccer field, baseball field, tennis courts, indoor/outdoor basketball courts, pool, volleyball courts and picnic areas. Walkers Paradise with a Walking Score of 91 out of 100.
Latitude:

34.00919300
Longitude:

-118.24472600

The Property

Property Type:

Residential Income
Zoning:

LAR2
Lot Size Area:

7929.0000
Lot Size Acres:

0.1820
Lot Size SqFt:

7929.00
Lot Size Source:

Assessor
Security Features:

Automatic Gate, Gated Community
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5117011009

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Appliances

Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Gated
Parking Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/3/25 Mar 3, 2025	Price Changed	CRMLS_CA	$1,325,000	-5.0%
2/24/25 Feb 24, 2025	Listed / Active	CRMLS_CA	$1,395,000	32.2% (5.7% / YR)
7/10/19 Jul 10, 2019		CRMLS_CA	$1,055,000	5.7%

Multifamily For Sale

$1,325,000

Listing provided by broker:

Ramin Gheitanchi

Keller Williams Beverly Hills

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This multifamily located in South LA, Los Angeles, CA 90011 is currently for sale for $1,325,000. 4026 S Morgan Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 33 days. 4026 S Morgan Avenue is in the South LA neighborhood of Los Angeles and has a WalkScore® of 61, making it somewhat walkable. This multifamily is in the attendance area of Thomas Jefferson Senior High, Nevin Avenue Elementary School, Dr Maya Angelou Community Senior High, Dr. Julian Nava Learning Academies-School Of Business And Technology, Nava College Preparatory Academy, and Santee Education Complex.

Listing Courtesy of: CRMLS_CA and Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc. as of 00:02 on Mar 29.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.