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6500 S Western AvenueLos Angeles, CA 90047

For Sale

$1,680,000

Smart Buyer Rebate $16,800

The subject property is a 12-unit multifamily apartment complex located in South Central Los Angeles on Western Avenue between Gage and Florence Avenues. The building encompasses approximately 10,306 square feet and is comprised of (11) two-bedroom, one-bathroom units and (1) three-bedroom apartment. Constructed in 1962, the asset sits on a 9,097-square-foot corner lot. The property exhibits noticeable deferred maintenance, and current rents remain well below market averages. The building's scheduled monthly income is $17,316, including a projected rent of $1,995 for the vacant unit. This offering is well-suited for value-add investors seeking an opportunity to implement strategic renovations, pursue cash-for-keys agreements where appropriate, and reposition the units at market rent levels upon turnover.

Listed by Jerome McAlpin

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License #00939725

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McAlpin & Company

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310-437-4172

Last updated December 03, 2025

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Source: CRMLS #25622787

Listing Facts

  • TypeMulti-family
  • NeighborhoodHarvard Park
  • Bedrooms24
  • Days on Prevu16
  • Size10,306 sqft
  • Price per sqft$163

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/25/2025
Listed by McAlpin & Company
$1,680,000

Property Details for 6500 S Western Avenue

Exterior

Construction

  • Number Of Units Total: 12
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1962

Measurements

  • Building Area Total: 10,306
  • Lot Size Acres: 0.20
  • Lot Size Area: 9,097
  • Lot Size Square Feet: 9,097
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.26
  • Gross Income: $207,797.00

Taxes

  • Parcel Number: 6015005029

Interior

Measurements

  • Living Area: 10,306

Rooms

  • Bathrooms Total Integer: 12
  • Bedrooms Total: 24

Parking

Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Parking Features: Attached Carport

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 24 bedrooms in this multi-family home at 6500 S Western Avenue.

How does 6500 S Western Avenue compare to other multi-family homes in Harvard Park?

This multi-family home is listed 80% above the average price for multi-family homes in Harvard Park and has been on the market for 128 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 10,306 sqft.

6500 S Western Avenue is a 24-bedroom multi-family home for sale in Los Angeles CA 90047. Listed on Prevu for 16 days at $1,680,000. This property features 10,306 square feet of living space, located in Harvard Park. The median listing price for multi-family homes in this area is $749,000. Additional amenities include parking. 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.

Full MLS Disclaimers

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.