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$1,640,000
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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.
Full Property Details
Full Property Details for 1628 W 45th St
General
- Sold For: $1,640,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26665941
- Added to Site: 167 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 16
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Los Angeles Southwest
- County: Los Angeles
- Driving Directions: 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.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 8,820
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1927
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 16
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1289
- Lot Size: 5613
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 44 x 128
- Zoning: LAR1
Financial Considerations
- Price Per Sq. Ft.: $192.63
- Assessment Year: 1927
Disclosures and Reports
- Disclosures/Reports: As Is, Rent Control
- APN: 5016-007-022
Listed and Sold by Compass, George Morales and Compass, Sam Shakerchi
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Schools
Schools serving 1628 W 45th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Normandie Avenue Elementary School 4505 South Raymond Avenue, Los Angeles, CA 90037 | PK-5 | 0.4 mi |
Barack Obama Global Preparation Academy 1700 West 46th Street, Los Angeles, CA 90062 | 6-8 | 0.1 mi |
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet 5010 11th Avenue, Los Angeles, CA 90043 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1628 W 45th St
Date
Details
Price
Change
Source
8/26/2026
Sold
$1,640,000
-3.47%
MLS
6/11/2026
Price Reduced
$1,699,000
-12.87%
MLS
3/17/2026
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1628 W 45th St, Los Angeles, CA 90062 (MLS# 26665941) is a Multi-Family property that was sold at $1,640,000 on August 26, 2026. Want to learn more about 1628 W 45th St? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

