Millman Team Real Estate

$1,699,000
0.13 Acre Lot

1628 W 45th Street, Los Angeles, California 90062

  • Commercial Sale Property Type
  • 1927 Year Built
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.

Basic Details
Commercial Sale
For Sale
26666033
$1,699,000
1927
0.13 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Los Angeles
90062
45th
1628
Street
W119° 41' 31.9''
N34° 0' 9.2''
Situated just south of Western and Vernon, the property is within 0.7 miles of local schools, 1.5 miles from Exposition Park, and 2 miles from Baldwin Hills Crenshaw Plaza.
C34 - Los Angeles Southwest
W
LAR1
Additional Information
$0
$0
$0
$0
$0
8820
1
44x128
16
2026-03-16
1950000
Broker/Agent Information
Compass
George Morales
Listing Information
Sam Shakerchi
CLW-X94991
CLW-X81461
Compass
CLW-C125491
CLW-X81461
Active
2026-06-12T00:04:38Z
CRMLS
: Standard
2026-03-16T00:00:00Z
Agent info
Ray Millman
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