6521 S Crenshaw Boulevard
A 14-Unit (12 + 2 ADUs) Value-Add Apartment Community Located in South LA
Marketing description
The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale 6521 South Crenshaw Boulevard, a 14-unit (12 + 2 ADUs) apartment community located south of Slauson Avenue and west of Western Avenue.
Situated on a 10,765-square-foot parcel, the property features a balanced unit mix ranging from studio to three-bedroom units. It is being offered at an attractive 7.34% cap rate and 8.36 GRM, with 27% remaining rental upside through unit renovations.
Ongoing investment and development activity throughout South Los Angeles, coupled with the asset’s remaining value-add potential, position 6521 South Crenshaw Boulevard as a compelling opportunity for investors seeking cash flow and long-term appreciation.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Investment highlights
STRONG IN-PLACE CASH FLOW
Currently operating at a 7.34% cap rate and 8.36 GRM, with additional rental upside through unit renovations
DENSE INFILL LOCATION
Located in a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment
WALKABLE AMENITIES & ACCESS
Walk Score of 75 (“Very Walkable”) — most errands can be accomplished on foot
NEW EXTERIOR ELECTRICAL PANEL
Ownership recently upgraded the property with a new exterior electrical panel
ATTRACTIVE UNIT MIX
The property offers a balanced unit mix, ranging from studio to three-bedroom units.
WELL-MANAGED ASSET
Professionally managed and attentively maintained, offering operational stability from day one
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