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.
Details
MLS #
26665941
Listing Type
For Sale
Sub-Type
Resale
Status
Active Under Contract
Year
1927
Days On Site
157
Listing Provided By
Compass | George Morales
Features
Bed(s)
4
Bath(s)
16
SQ Feet
8,820
Story(s)
2
Units
16
Building(s)
1
Zoning
LAR1
Acreage
0.13
Interior
Cooling
None
Heating
Wall Furnace
Heating Yes / No
Yes
Cooling Yes / No
No
Parking
Parking Features
None
Area Information
State
CA
County
Los Angeles
City
Los Angeles
Zip Code
90062
Area
C34 Los Angeles Southwest
Listing VS Median (in 90062)
Price: $1,699,000
low | high
Med: $849,999
99.970629782225% of Average
sqft: 8,820
low | high
Med: 2,360
100% of Average
$ / sqft: $193
low | high
Med: $360
36.974171746092% of Average
On site: 157
low | high
Med: 22
100% of Average
Sourced by Back At You
Market Activity 90062
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jun 2026
Sales: 4
Avg $ Per SqFt: $385.79
Min Sale Price: $600,000
Max Sale Price: $1,081,000
Med Sale Price: $705,000
Date: May 2026
Sales: 10
Avg $ Per SqFt: $487.49
Min Sale Price: $600,000
Max Sale Price: $1,025,011
Med Sale Price: $850,000
Date: Apr 2026
Sales: 9
Avg $ Per SqFt: $419.23
Min Sale Price: $480,000
Max Sale Price: $1,010,000
Med Sale Price: $810,000
Date: Mar 2026
Sales: 10
Avg $ Per SqFt: $522.31
Min Sale Price: $600,000
Max Sale Price: $1,280,000
Med Sale Price: $950,000
Date: Feb 2026
Sales: 11
Avg $ Per SqFt: $557.62
Min Sale Price: $465,000
Max Sale Price: $1,250,000
Med Sale Price: $749,000
Date: Jan 2026
Sales: 6
Avg $ Per SqFt: $519.77
Min Sale Price: $617,000
Max Sale Price: $999,999
Med Sale Price: $881,125
Date: Dec 2025
Sales: 3
Avg $ Per SqFt: $380.35
Min Sale Price: $550,000
Max Sale Price: $800,000
Med Sale Price: $775,000
Date: Nov 2025
Sales: 7
Avg $ Per SqFt: $335.91
Min Sale Price: $375,000
Max Sale Price: $700,000
Med Sale Price: $490,000
Date: Oct 2025
Sales: 1
Avg $ Per SqFt: $564.66
Min Sale Price: $620,000
Max Sale Price: $620,000
Med Sale Price: $620,000
Date: Sep 2025
Sales: 1
Avg $ Per SqFt: $386.6
Min Sale Price: $750,000
Max Sale Price: $750,000
Med Sale Price: $750,000
Date: Aug 2025
Sales: 5
Avg $ Per SqFt: $469.73
Min Sale Price: $590,000
Max Sale Price: $1,175,000
Med Sale Price: $685,000
Sourced by Back At You
Jun 2026
Sales:
4
Avg $ Per SqFt:
$385.79
Min Sale Price:
$600,000
Max Sale Price:
$1,081,000
Med Sale Price:
$705,000
May 2026
Sales:
10
Avg $ Per SqFt:
$487.49
Min Sale Price:
$600,000
Max Sale Price:
$1,025,011
Med Sale Price:
$850,000
Apr 2026
Sales:
9
Avg $ Per SqFt:
$419.23
Min Sale Price:
$480,000
Max Sale Price:
$1,010,000
Med Sale Price:
$810,000
Mar 2026
Sales:
10
Avg $ Per SqFt:
$522.31
Min Sale Price:
$600,000
Max Sale Price:
$1,280,000
Med Sale Price:
$950,000
Feb 2026
Sales:
11
Avg $ Per SqFt:
$557.62
Min Sale Price:
$465,000
Max Sale Price:
$1,250,000
Med Sale Price:
$749,000
Jan 2026
Sales:
6
Avg $ Per SqFt:
$519.77
Min Sale Price:
$617,000
Max Sale Price:
$999,999
Med Sale Price:
$881,125
Dec 2025
Sales:
3
Avg $ Per SqFt:
$380.35
Min Sale Price:
$550,000
Max Sale Price:
$800,000
Med Sale Price:
$775,000
Nov 2025
Sales:
7
Avg $ Per SqFt:
$335.91
Min Sale Price:
$375,000
Max Sale Price:
$700,000
Med Sale Price:
$490,000
Oct 2025
Sales:
1
Avg $ Per SqFt:
$564.66
Min Sale Price:
$620,000
Max Sale Price:
$620,000
Med Sale Price:
$620,000
Sep 2025
Sales:
1
Avg $ Per SqFt:
$386.6
Min Sale Price:
$750,000
Max Sale Price:
$750,000
Med Sale Price:
$750,000
Aug 2025
Sales:
5
Avg $ Per SqFt:
$469.73
Min Sale Price:
$590,000
Max Sale Price:
$1,175,000
Med Sale Price:
$685,000
MLS Number: 26665941
George Morales – georgemorales@compass.com
Compass – (310) 230-5478
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