- $2,800,000
- 38,895 SF Apartment Building
- Multifamily development opportunity on three parcels totaling 0.41± acres, ideally positioned right off W. Pico Blvd. on the edge of Koreatown & Harvard Heights
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Los Angeles Apartment Buildings for Sale
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Signature One Realty Group, Inc
- $4,300,000
- 6.31% Cap Rate
- 17 Unit Apartment Building
- 12,400 SF
- Built in 1973
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Davis Management Corporation
- $20,950,000
- 3.40% Cap Rate
- 24 Unit Apartment Building
- 40,928 SF
- Built in 1964
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Davis Management Corporation
- $22,950,000
- 3.40% Cap Rate
- 36 Unit Apartment Building
- 44,482 SF
- Built in 1962
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Apartment Buildings For Sale in Los Angeles
Los Angeles is a key center for economic and cultural activities in Southern California and presents a promising environment for commercial real estate investing, especially in apartment buildings. The city spans a wide area, covering the Pacific coast, the Santa Monica Mountains, and the San Fernando Valley, offering both urban and suburban settings suitable for multifamily properties. Its well-developed infrastructure, including a comprehensive network of freeways and public transport systems like the Metro Rail and Metrolink, provides easy access and connectivity. The presence of prestigious educational institutions such as the University of California, Los Angeles (UCLA), and the University of Southern California (USC) drives consistent demand for housing. Los Angeles’s Mediterranean climate and diverse culture add to its appeal for investors and tenants.
Los Angeles stands out as the United States' second-largest city and a global center for entertainment, technology, and international trade, making Apartment Buildings for Sale especially attractive here. The city's assets, like its proximity to major educational institutions, cultural landmarks, and an extensive public transportation system, increase the value of these properties. Retail Spaces benefit from high foot traffic and a varied customer base, whereas Shopping Centers leverage Los Angeles's popularity with international tourists. Office Spaces attract a wide range of talent from creative to high-tech sectors. Residential Income Homes serve a diverse population, including young professionals and families, offering investors various opportunities for growth. Overall, the varied real estate market in Los Angeles offers abundant investment opportunities across multiple property types, from Apartment Buildings to Retail Spaces.
Learn About Apartment Buildings For Sale in Los Angeles
How many apartment buildings listings are available for sale in Los Angeles?
There are currently 883 apartment buildings listings available for sale in Los Angeles.
What factors should I consider when searching for apartment buildings for sale in Los Angeles?
When looking for apartment buildings for sale in Los Angeles, it's important to consider several key factors to ensure you make an informed decision:
- Los Angeles's economic landscape, including its strong sectors such as entertainment, technology, and international trade, is crucial for assessing the potential demand for rental properties.
- Proximity to key infrastructure and amenities like Los Angeles International Airport, the Port of Los Angeles, and major educational institutions can influence tenant demand and property value.
How much does it cost to buy an apartment building in Los Angeles?
The cost of buying an apartment building in Los Angeles can vary widely based on location, size, and condition. The average price per square foot for apartment buildings is $456 with an average size of 21,634 SF.
What is the largest apartment building available to buy in Los Angeles?
The largest apartment building currently listed for sale in Los Angeles offers 1,021,781 SF of space.
Why is Los Angeles an ideal location for apartment buildings for sale?
With a robust and culturally diverse population of roughly 3.9 million residents, Los Angeles offers a dynamic market for apartment buildings, making it an attractive location for investors and developers alike.
Size Summary For Los Angeles Apartment Buildings
| Apartment Building Size | Square Feet |
|---|---|
| Maximum | 1,021,781 SF |
| Average | 21,634 SF |
| Minimum | 500 SF |
Cap Rate for Los Angeles Apartment Buildings
What is a cap rate in commercial real estate?
| Apartment Building Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 12.17% |
| Average | 5.13% |
| Minimum | 1.03% |
Prices for Los Angeles Apartment Buildings
| Apartment Building Price | Price Per SF |
|---|---|
| Maximum | $9,590 Per SF |
| Average | $456 Per SF |
| Minimum | $2 Per SF |
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