Listed price in listed location currency (USD).
$1,450,000

1096

MLS® 26850191

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2406 sqft
Garage 
Taxes 
Days Active 0
Lot Size 0.0992 Acres
Approx. Age 1965
Avg. Price Per Sqft $602
MLS® Number 26850191

Property Address: 3711 S Western Ave, Los Angeles, CA, 90018

Average square foot calculated using Size range provided by listing agent.

Description

We are proud to present 3711 S. Western Avenue, a rare opportunity to acquire a fully vacant nine-unit multifamily investment property, formerly operated as a motel. Ideally positioned in the vibrant Exposition Park submarket, the property sits just blocks from the University of Southern California and only steps from the Expo/Western Metro Station, making it a prime location for students, commuters, and young professionals alike. Originally built in 1965, this wood-frame and stucco property rests on a raised foundation and offers approximately 2, 406 square feet of rentable space on a 4, 320 square foot LAC2-zoned lot with hotel/motel use. The asset has been thoughtfully improved over the years for long-term durability and efficiency. A comprehensive 2004 renovation delivered upgraded electrical systems and new copper plumbing throughout, both vertical and horizontal, while a 200-amp solar panel system installed in 2018 enhances energy efficiency and reduces utility costs. The building has also been structurally reinforced and upgraded to meet current city codes and regulations. The property features an attractive unit mix of eight studio units with kitchenettes and one spacious 2-bedroom + 1-bathroom unit. Market rents are approximately $1, 595 per month for the studios and $2, 375 per month for the two-bedroom, representing a potential gross income of $15, 135 per month once fully leased. Delivered 100% vacant, the asset offers a new owner a rare blank slate to establish market rents from day one with no existing tenancies to navigate. Priced at a current 10% cap rate and a 7.9x gross rent multiplier, 3711 S. Western Avenue presents an exceptional, high-yield cash-flow opportunity in one of Los Angeles' most dynamic and transit-connected submarkets, just minutes from USC, Exposition Park, and Downtown LA.
MLS® Number26850191
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1965
Basement
DrivewayGated, Private
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 20, 2026List Date
$1,450,000List Price
  • Commute

Commute

Starting Address
Destination Address
3711 S Western Ave, Los Angeles, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties