Maher Commercial Realty continues to lead the Los Angeles multifamily market, connecting investors with high-potential apartment properties across diverse neighborhoods. Below, explore four active opportunities and our recent successful sale, each showcasing distinct investment strategies from stable cash flow to significant value-add potential.
✅ Recent Success
1737 Camden Avenue | West LA 5-Unit (SOLD)
Sale Price: $1,690,425 | Price per Door: $338,085
- Representation: Nicole Lu represented the buyer
- Property: 5 units (all 2-bedroom, 2-bath)
- Building Size: 6,041 SF | Lot Size: 6,767 SF
- Features: Four units updated, two with private balconies
- Upside: Owner’s unit delivered vacant + redevelopment potential
- Location: Prime West LA near UCLA, Century City, Beverly Hills
- Zoning: R-3 for future development flexibility
🏢 Active Opportunities
1. 14924 Roscoe Blvd | Panorama City 17-Unit
Price: $3,995,000 | 5.86% Cap Rate | Stable Cash Flow
- Units: 17-unit mix (studios to 3-bedroom)
- Building Size: 13,422 SF | Lot Size: 17,070 SF
- Unit Size Average: 825 SF (larger than market)
- Special Feature: One 3-bedroom townhouse-style unit with conversion potential
- NOI: Strong in-place income with only one vacancy
- Location: High-traffic Roscoe Blvd corridor near major retail/employment
- Value: Above-market cap rate for San Fernando Valley
2. 1601 S. Hayworth Ave | Picfair Village 5-Unit
Price: $1,885,000 | 5.66% Cap Rate | Value-Add + Owner-User
- Units: 4 one-bedroom + 1 three-bedroom (delivered vacant)
- Building Size: 5,634 SF | Lot Size: 6,621 SF
- Upside: Below-market rents + ADU potential (5 garages)
- Zoning: R2-1-O | GRM: 14.85
- Location: Prime Picfair Village near Beverly Hills, Century City
- Ideal For: Owner-users or value-add investors
3. 5312-5314 S. Broadway | South LA Mixed-Use
Price: $990,000 | 12.7% Pro Forma Cap Rate | Value-Add Gem
- Property: Mixed-use with 2 retail + 2 residential units
- Residential: Two 5-bedroom, 1-bath units (repositioning opportunity)
- Building Size: 7,500 SF | Price per SF: $132 (below replacement)
- Upside: Significant renovation potential + ADU conversion
- Location: South Broadway corridor near USC, Exposition Park
- Investment: High-return opportunity for experienced operators
4. 12028-12032 W. Venice Blvd | Mar Vista Mixed-Use
Price: $2,695,000 | 6.09% Cap Rate → 10.11% Pro Forma
- Property: Mixed-use with 6 residential + retail + office
- Units: 6 one-bedroom apartments + commercial spaces
- Lot Size: 8,248 SF (C2 TOC Tier 2)
- Upside: 72% total rent upside + ADU potential + 30-32 unit redevelopment
- Current NOI: $164,131 | Pro Forma NOI: $272,623
- Location: Steps from Mar Vista Farmers Market, Venice Beach
- Tenancy: Month-to-month leases for easy repositioning
Investment Comparison
| Property | Units | Price/Door | Strategy | Key Metric |
|---|---|---|---|---|
| 1737 Camden | 5 | $338,085 | Recently Sold | West LA Location |
| 14924 Roscoe | 17 | $235,000 | Stable Cash Flow | 5.86% Cap Rate |
| 1601 Hayworth | 5 | $377,000 | Value-Add/Owner-User | 5.66% Cap Rate |
| 5312 Broadway | 2 res + retail | $495K/unit | High-Return Reposition | 12.7% Pro Forma |
| 12028 Venice | 6 res + comm | $449K/res unit | Value-Add + Redevelopment | 10.11% Pro Forma |
Market Insights
- West LA (Camden): 5-unit properties trading at $325-350K/door
- Panorama City (Roscoe): Larger units commanding lower turnover + premium rents
- Picfair Village (Hayworth): R2 zoning with ADU potential increasing value 15-20%
- South LA (Broadway): Value-add properties achieving 12%+ pro forma returns
- Mar Vista (Venice): TOC Tier 2 sites with development premiums
Investment Strategies Showcased
- Stable Cash Flow (14924 Roscoe)
- 5.86% in-place cap rate in supply-constrained SFV
- Value-Add Repositioning (1601 Hayworth, 5312 Broadway)
- Below-market rents + renovation upside
- Mixed-Use Value Creation (12028 Venice)
- Current income + 72% upside + redevelopment potential
- Owner-User Hybrid (1601 Hayworth)
- Live in one unit while earning rental income
Why Invest in LA Apartments?
✅ Strong Demographic Demand
- Low vacancy rates across most submarkets
- Rent growth outpacing national averages
✅ Multiple Value Creation Paths
- Rental increases through upgrades
- ADU additions on R2/R3 zoned lots
- Redevelopment potential on TOC-qualified sites
✅ Financing Advantages
- Favorable terms for multifamily assets
- 1031 exchange opportunities
- Long-term appreciation in supply-constrained market
Next Steps for Investors
Interested in these opportunities? Contact us to:
- Schedule property tours
- Review rent rolls and financials
- Discuss financing and due diligence
- Explore 1031 exchange options
About Our Multifamily Expertise
With numerous successful apartment transactions across Los Angeles, we provide:
- Neighborhood-specific market analysis
- Value-add opportunity identification
- Tenant repositioning strategy
- Development potential assessment
Contact us today to schedule viewings or discuss off-market opportunities.
Maher Commercial Realty: Your trusted partner in Los Angeles multifamily investments.
All information deemed reliable but not guaranteed. Buyer to verify all details.
