3711 S Western Avenue
Los Angeles, CA 90018
Map
- – beds
- – baths
- – sqft
- 4,320 sqft lot
- 1965 build
- – on site
We are pleased to present a rare opportunity to acquire this nine (9) unit multifamily investment property, formerly operated as a motel. Ideally positioned in the vibrant Exposition Park submarket, the property is just blocks from the University of Southern California and only steps from the Expo/Western Metro Station - making it a prime location for students, commuters, and young professionals alike. Originally built in 1965, this wood-frame and stucco property sits on a raised foundation and offers approximately 2,406 square feet of rentable space on a 4,320-square-foot LAC2-zoned lot (Hotel/Motel use). In 2004, the building underwent a comprehensive renovation, featuring upgraded electrical systems and new copper plumbing throughout - both vertical and horizontal ensuring long-term durability and functionality. In 2018, a 200-amp solar panel system was installed, enhancing energy efficiency and reducing utility costs. The building has been structurally reinforced and upgraded to meet current city codes and regulations. It features an attractive unit mix of eight (8) studio units with kitchenettes and one (1) spacious two-bedroom + one-bathroom unit. The property is fully occupied, generating a strong gross monthly income of $13,676. Priced at a current 8% cap rate and a 9.6x gross rent multiplier (GRM), this asset offers an excellent cash-flow investment opportunity. For the full Executive Summary and Financial Analysis, please contact listing agent.
Last checked:
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Last updated Jun 24, 2025
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MLS# 25556239 —
The Building
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Year Built:1965
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New Construction:No
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Building Area Total:2406.00
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Total Number Of Units:9
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:3711 S. Western Avenue | Los Angeles, CA 90018
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Latitude:34.02065000
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Longitude:-118.30917300
The Property
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Property Type:Residential Income
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Zoning:LAC2
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Lot Size Area:4320.0000
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Lot Size Acres:0.0992
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Lot Size SqFt:4320.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5041024027
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Private, Gated
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Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/24/25
Jun 24, 2025
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Listed / Active | CRMLS_CA | $1,575,000 | 200.0% (18.9% / YR) |
|
11/19/14
Nov 19, 2014
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CRMLS_CA | $525,000 |
