16-UNITS IN VERMONT SQUARE| $121K per door | 7.28% CAP | 3 VACANT UNITS | Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor. Features on-site laundry hookups.
Listed by George Morales
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License #01984555
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Compass
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323-578-8423
Listed by Sam Shakerchi
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License #01868195
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Compass
Last updated June 11, 2026
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Source: CRMLS #26665941
Listing Facts
TypeMulti-family
NeighborhoodVermont Square
Bedrooms4
Days on Prevu91
Size8,820 sqft
Price per sqft$193
Location
Mortgage Calculator
Listing History
06/12/2026
Price Decreased
$1,699,000
03/17/2026
Listed by Compass
$1,950,000
Property Details for 1628 W 45th Street
Exterior
Construction
Number Of Units Total: 16
Stories: 2
Stories Total: 2
Year Built: 1927
Entry Level: 1
Measurements
Building Area Total: 8,820
Lot Size Acres: 0.12
Lot Size Area: 5,613
Lot Size Dimensions: 44,128
Lot Size Square Feet: 5,613
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.28
Taxes
Parcel Number: 5016007022
Interior
Measurements
Living Area: 8,820
Rooms
Bathrooms Total Integer: 16
Bedrooms Total: 4
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 4 bedrooms in this multi-family home at 1628 W 45th Street.
How does 1628 W 45th Street compare to other multi-family homes in Vermont Square?
This multi-family home is listed 49% above the average price for multi-family homes in Vermont Square and has been on the market for 21 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 8,820 sqft.
1628 W 45th Street is a 4-bedroom multi-family home for sale in Los Angeles CA 90062. Listed on Prevu for 91 days at $1,699,000. This includes a recent price decrease of $251,000. This property features 8,820 square feet of living space, located in Vermont Square. The median listing price for multi-family homes in this area is $839,750. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.