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ROSE MANOR & CRENSHAW CAPRI
Los Angeles, CA Park Mesa Heights

$5,470,000 USD

Multifamily For Sale  •  16,994 SF

2 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 7.08 %
60 Transit Score
60 Walk Score

Highlights

Well maintained Garden Style 1960's apartment complex consisting of 30 units plus an additional non-permitted Studio/Single apartment unit.
Two contiguous parcels that comprise over a half acre zoned C2-R4 with ample parking for all units (30 parking spaces).
The units are 100% occupied, with some units at below market rents, which can be increased subject to City of LA RSO Rent Stabilization Ordinance.
Excellent unit mix of 55% 2 bedroom units, and the remainder being 1 bedroom units, plus an unpermitted Studio/Single unit.

Financial Summary (Actual)

Net Operating Income: $387,268 USD (2025)
Cap Rate: 7.08 %
Total Expenses: $186,619 USD

Public Transportation

Transit/SubwayDriveWalkDistance
Fairview Heights Station (Metro K-Line - Metro - Los Angeles) 2 min 12 min 0.6 mi
Hyde Park Station (Metro K-Line - Metro - Los Angeles) 1 min 20 min 1.1 mi
AirportDriveWalkDistance
Los Angeles International 12 min - 5.9 mi
Bob Hope 32 min - 18.9 mi
Long Beach (Daugherty Field) 28 min - 19.8 mi
Stephen Lampe 310-880-1151 RE/MAX Commercial & Investment Realty
Stephen Lampe 310-880-1151 RE/MAX Commercial & Investment Realty