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12770 Caswell Ave
Los Angeles, CA 90066 Mar Vista

$8,200,000 USD

Apartments For Sale  •  11,979 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,460 SF
  • Lot Size 0.16 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 5.00 %
  • Zoning LAR3
70 Transit Score
70 Walk Score

Highlights

2017 Construction — RSO & AB 1482 Exempt - Built in 2017, the property is exempt from the Los Angeles Rent Stabilization Ordinance and California's AB
High-End Construction - Four-story, elevator-served building with cantilevered floor plates, floor-to-ceiling glass, and a sculptural contemporary des
Premium Westside Unit Mix - 11 units totaling approximately 12,460 SF — four (4) 1+1s, six (6) 2+2.5s, and one (1) 2+1 affordable unit. Three penthous
Embedded Rent Upside - In-place rents of $581,184 grow to $630,264 at market — an 8.4% increase — supported by Westside comparables averaging $3,877/m
Strong Going-In Yield - 5.0% Cap - Offered at $8,200,000 ($745,455/unit, $658 PSF) on a 5.0% in-place cap and 14.1 GRM, with a clear path to a 5.6% pr
Efficient Operating Profile - Each unit individually metered — tenants pay in-unit electricity, gas, and water; landlord covers only common-area elect

Property Flyers

Financial Summary (Actual)

Net Operating Income: $409,325 USD (2025)
Cap Rate: 5.00 %
Total Expenses: $157,139 USD

Major Tenants

Tenant SF Occupied Lease End Date
PPM - The Caswell

Amenities

  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Kitchen
  • Oven
  • Range
  • Roof Terrace
  • Bicycle Storage
  • Sundeck
  • Key Fob Entry

Public Transportation

AirportDriveWalkDistance
Los Angeles International 12 min - 6.3 mi
Bob Hope 33 min - 22.5 mi
Long Beach (Daugherty Field) 33 min - 24.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Covered
Included in Rent: Yes
John Swartz 310-779-9929 Compass Commercial
John Swartz 310-779-9929 Compass Commercial