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Leeward Apartments 2910 Leeward Ave 30 Unit Apartment Building $4,095,000 ($136,500/Unit) 5.97% Cap Rate Los Angeles, CA 90005

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INVESTMENT HIGHLIGHTS

Mix of 2+1, 1+1, and Studio Units
CAP Rate - 5.97%
Price/SF - $181.03

GRM - 8.90
Price/Unit - $136,500

EXECUTIVE SUMMARY

2910 Leeward Ave offers a prime Koreatown investment
opportunity with a well-maintained 30-unit apartment
building. This property features an ideal unit mix of spacious
two-bedrooms, one-bedrooms, and studio apartments,
providing diverse rental appeal in one of LA’s hottest rental
markets. With a strong in-place GRM of 8.90 and a CAP rate
of 5.97%, this asset offers immediate cash flow and long-
term upside. Located just minutes from Downtown LA,
major transit lines, and some of the city's best dining and
nightlife, this property is a rare opportunity to acquire a
high-performing multifamily asset in a high-demand
neighborhood. Currently fully occupied, showings are
available only with accepted offers.

2910 Leeward Ave new with photos_compressed

PROPERTY FACTS

Price	$4,095,000	Property Subtype	Apartment
Price Per Unit	$136,500	Apartment Style	Low-Rise
Sale Type	Investment	Building Class	C
Cap Rate	5.97%	Lot Size	0.26 AC
Sale Condition	1031 Exchange	Building Size	22,620 SF
Gross Rent Multiplier	8.9	No. Stories	3
No. Units	30	Year Built	1924
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R4, Los Angeles

Price	$4,095,000
Price Per Unit	$136,500
Sale Type	Investment
Cap Rate	5.97%
Sale Condition	1031 Exchange
Gross Rent Multiplier	8.9
No. Units	30
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.26 AC
Building Size	22,620 SF
No. Stories	3
Year Built	1924
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R4, Los Angeles

UNIT AMENITIES

Heating

Kitchen

Oven

Range

SITE AMENITIES

Security System

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
Studios	10	-	564
1+1	15	-	574
2+1	5	-	750

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Walk Score®

Walker's Paradise (96)

Transit Score®

Excellent Transit (83)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	5077-019-011	Improvements Assessment	$977,162
Land Assessment	$3,025,997	Total Assessment	$4,003,159

PROPERTY TAXES

Parcel Number

5077-019-011

Land Assessment

$3,025,997

Improvements Assessment

$977,162

Total Assessment

$4,003,159

(310) 383-5927

CONTACTS

Chase Simonton
John Sarna
RE/MAX One Commercial

Listing ID: 37296172
Date on Market: 8/15/2025
Last Updated:
Address: 2910 Leeward Ave, Los Angeles, CA 90005

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2910 Leeward Ave, Los Angeles, CA for sale Building Photo- Image 1 of 11 — dji_fly_20250706_114450_283_1754344849338_photo_optimized

2910 Leeward Ave, Los Angeles, CA for sale Building Photo- Image 2 of 11 — dji_fly_20250706_114504_285_1754344848261_photo_optimized

2910 Leeward Ave, Los Angeles, CA for sale Building Photo- Image 3 of 11 — dji_fly_20250706_113622_222_1754344888764_photo_optimized

2910 Leeward Ave, Los Angeles, CA for sale Building Photo- Image 4 of 11 — dji_fly_20250706_113638_223_1754344888248_photo_optimized

2910 Leeward Ave, Los Angeles, CA for sale Building Photo- Image 5 of 11 — dji_fly_20250706_114046_246_1754344868384_photo_optimized

2910 Leeward Ave, Los Angeles, CA for sale Building Photo- Image 6 of 11 — dji_fly_20250706_114152_253_1754344863616_photo_optimized

2910 Leeward Ave, Los Angeles, CA for sale Building Photo- Image 7 of 11 — dji_fly_20250706_114226_260_1754344860541_photo_optimized

2910 Leeward Ave, Los Angeles, CA for sale Building Photo- Image 8 of 11 — dji_fly_20250706_114256_266_1754344857804_photo_optimized

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2910 Leeward Ave, Los Angeles, CA for sale Plat Map- Image 10 of 11 — Plat Map

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