South Central closes at $112,500/door and a 6.79% current CAP.
PublishedMay 2026
StatusSold · April 15, 2026
DatelineHistoric South Central, Los Angeles
FIG. 01, 1101 W 45th St, Historic South Central, Los Angeles. Sale closed April 15, 2026. Listing photo via Atlas Brief archive.
Four takeawaysFour things an operator needs to know about 1101 W 45th St
The number.$2,250,000 all-in. 20 units. $112,500 a door. 6.79% CAP
The CAPA 6.79% CAP. The property comes with two vacancies. My take on it is that the buyer is going to attempt to get some section 8 vouchers for those vacancies and push the rents up and bring this to a 7%+ cap
7.84 GRM and $287k of revenue, there is room for a good operator to drive down expenses and increase yield.
Taylor Avakian.I like following Taylor because he's one of the most driven guys I've met in this space. He's always on the phone, works hard, and has a very good feel for the market. He usually knows what something is going to trade for before it trades. What caught my eye is that during this difficult market, he was able to get activity in South LA. At close to $100,000 a door, that's something not to ignore.
Atlas Home Builders, Inc. is a Los Angeles owner-operator and general contractor. If you are a broker with a listing you want an honest read on, send the OM and the T-12 to David@AtlasBrief.La.
