$1,950,000

1628 W 45th Street, Los Angeles, CA 90062

8,820 sqft

other
Built in 1927
5,663sqft lot
—— car garage
$221/sqft
Listed 15 days ago

Property Description

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.

Listing Status:: Active
Date Added:: March 17, 2026
Data Last Updated:: April 1, 2026 at 10:08PM
Listing Office:: Compass : 310-230-5478
Listing Agent:: George Morales : 323-578-8423
MLS ID:: CL26665941

A/C: None
Heating: Wall Furnace

Parking: None

County: Los Angeles

Zoning: LAR15016007022

This listing courtesy of George Morales , Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Normandie Avenue Elementary School

4505 S Raymond Ave, Los Angeles, CA, 90037

Grades PK-5

0.50 miles away

Barack Obama Global Preparation Academy

1700 W 46th St, Los Angeles, CA, 90062

Grades 6-8

0.14 miles away

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.