Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

6

Building size

5,522 sqft

Lot size

7,002 sqft

Year built

1911

Stories

0

Heating

Wall Furnace

Status

Active

Days on market

92

MLS #

244873941

About this property

Price Reduced! 4626 Wall St presents a high-yield, stabilized multifamily investment delivering strong in-place cash flow with meaningful long-term upside.The property is currently operating at approximately a 8.04% cap rate on existing income, offering investors immediate returns without the need for heavy repositioning.Situated on a 7,000 SF lot, the 5,522 SF asset consists of six 2-bedroom units, including four front-building units and two newly constructed ADUs. The unit mix is highly desirable and supports consistent tenant demand, while the newer ADUs command premium rents and reduce near-term capital expenditure.The property benefits from a stable rent roll, with no reliance on short-term or non-recurring income. The tenant base includes subsidized tenants, providing reliable collections and supporting steady, ongoing rent increases, further enhancing the durability and predictability of cash flow.Located in a rapidly evolving pocket of South Los Angeles, the asset is positioned to benefit from continued neighborhood improvement, rental growth, and long-term appreciation trends.

Location

4626 Wall Street

Los Angeles, Los Angeles, CA, 90011