6829 Makee Ave, Los Angeles, CA 90001

Overview

‍
Property Type: Multifamily Apartment Building
Year Built: 1948
Total Units: 7

Unit Mix:

• 5 Studio Units
• 2 Two-Bedroom Units
  

‍

The property at 6829 Makee Avenue in Los Angeles offers an excellent investment opportunity in a well-established neighborhood with close proximity to key areas. Built in 1948, this multifamily apartment building consists of seven units across one story, with a desirable unit mix catering to various tenant needs. The property features five studio units and two two-bedroom units, appealing to singles, young professionals, and small families alike. The property’s structure combines wood frame and stucco construction with a flat roof, making it both durable and manageable. Each unit has been separately metered for utilities, which reduces costs and simplifies management for owners.

‍

Neighborhood Overview

‍
Location: South Los Angeles
‍

Proximity: East of Huntington Park, south of Downtown Los Angeles

‍

Located in the thriving South LA submarket, this property is positioned to offer tenants a blend of urban accessibility and residential comfort. The area is known for its convenient access to both the city center and surrounding local neighborhoods, providing a balance that appeals to tenants seeking both proximity to work and a relaxed living environment. South Los Angeles has been experiencing revitalization, attracting new developments, businesses, and residents who enjoy the vibrancy of the neighborhood.

‍

Transportation Access:
6829 Makee Avenue benefits from excellent transportation options. The area is serviced by various Metro bus lines and offers quick access to major freeways, making commuting to Downtown Los Angeles and other areas of the city straightforward and efficient. This connectivity is a major draw for tenants who commute daily, whether for work, school, or other activities. The property's strategic location within the transportation network enhances its appeal for renters who prioritize convenience and accessibility.

‍

Local Amenities:
The neighborhood offers an array of essential amenities and conveniences that contribute to a high quality of life for residents. Within a short distance, tenants have access to grocery stores, healthcare facilities, and a selection of dining and retail options. Additionally, South Los Angeles is home to several parks and recreational spaces, including those that provide opportunities for outdoor activities. These amenities make the property attractive to prospective tenants seeking an accessible, vibrant lifestyle in a community-focused area.

‍

Investment Highlights
‍

Key features of this investment opportunity include:

‍

‍

Property Features

‍

Building Condition and Upgrades:
Constructed with wood frame and stucco, this property has a durable structure and features a flat roof. Built in 1948, it has the potential for further upgrades to enhance its appeal to prospective tenants.

‍

Accessibility:
The property’s location in South Los Angeles offers unparalleled accessibility to public transportation, freeways, and nearby community amenities. Residents can take advantage of the neighborhood's walkable areas, while being just a short commute away from Downtown Los Angeles and the San Gabriel Valley. This location is ideal for tenants who appreciate community-focused living without sacrificing the benefits of urban proximity.

‍

For Los Angeles apartment building owners and investors, 6829 Makee Avenue represents a prime opportunity to own a fully occupied multifamily property in a vibrant and well-connected neighborhood. The combination of steady rental income, strategic location, and potential for rental upside makes this property an excellent choice for investors looking for long-term growth and stability in the Los Angeles market.

‍

For more information and to schedule a viewing, please contact:

‍

Taylor Avakian

Founder, The Group CRE

First Vice President, Lyon Stahl

‍