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$1,630,000
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Property Description
The subject property is a 12-unit multifamily apartment complex located in South Central Los Angeles on Western Avenue between Gage and Florence Avenues. The building encompasses approximately 10,306 square feet and is comprised of (11) two-bedroom, one-bathroom units and (1) three-bedroom apartment. Constructed in 1962, the asset sits on a 9,097-square-foot corner lot. The property exhibits noticeable deferred maintenance, and current rents remain well below market averages. The building's scheduled monthly income is $17,316, including a projected rent of $1,995 for the vacant unit. This offering is well-suited for value-add investors seeking an opportunity to implement strategic renovations, pursue cash-for-keys agreements where appropriate, and reposition the units at market rent levels upon turnover.
Full Property Details
Full Property Details for 6500 S Western Ave
General
- Sold For: $1,630,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25622787
- Added to Site: 53 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 24
Additional Information
- Other Features: None
Parking
- Garage Description: Carport Attached
Location
- Area: Los Angeles Southwest
- County: Los Angeles
- Driving Directions: On Western near Gage Avenue
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 10,306
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1962
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 12
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2088
- Lot Size: 9097
- Lot Size Source: Vendor Enhanced
- Zoning: LAC2
Financial Considerations
- Price Per Sq. Ft.: $163.01
- Assessment Year: 1962
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 6015-005-029
Listed and Sold by McAlpin & Company, Jerome McAlpin
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Schools
Schools serving 6500 S Western Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Raymond Avenue Elementary School 7511 Raymond Avenue, Los Angeles, CA 90044 | K-5 | 0.8 mi |
Horace Mann Ucla Community 7001 South Saint Andrews Place, Los Angeles, CA 90047 | 6-8 | 0.3 mi |
Augustus F. Hawkins High A Critical Design And Gaming 825 West 60th Street, Los Angeles, CA 90044 | 9-12 | 1.2 mi |
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet 5010 11th Avenue, Los Angeles, CA 90043 | 9-12 | 1.6 mi |
George Washington Preparatory High School 10860 South Denker Avenue, Los Angeles, CA 90047 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6500 S Western Ave
Date
Details
Price
Change
Source
1/13/2026
Sold
$1,630,000
-2.98%
MLS
11/25/2025
Listed
$1,680,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6500 S Western Ave, Los Angeles, CA 90047 (MLS# 25622787) is a Multi-Family property that was sold at $1,630,000 on January 13, 2026. Want to learn more about 6500 S Western Ave? 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.

