$5,950,000
1537-1545 Corinth, Los Angeles CA 90025
Multi-Family (26 Units)
Property type
3 days
On market
$429
Price per sqft
5 cars
Garage
1953
Year built
7,002 sqft
Lot size
Open Houses
Overview
The Corinth Apartments are a well maintained rent controlled property located in the City of Los Angeles in West Los Angeles. This property presents an astute investor a reposition opportunity as there is approximately 10%+/- upside in rents. Well located and near many amenities including the Metro Yellow Line.
Listing provided by: Warren Berzack DRE #01329015, Warren Lee Berzack
Listing updated: Jun 2, 2026 at 06:22pm.
Last checked: Jun 2, 2026 at 07:00pm
Source: CRMLS #SR26119640
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 12 | 0 | 1 | — | $1,520 | $18,234 | $19,800 | Unfurnished |
| 4 | 0 | 1 | — | $1,913 | $7,651 | $7,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,950 | $1,950 | $2,195 | Unfurnished |
| 1 | 2 | 2 | — | $2,451 | $2,451 | $2,695 | Unfurnished |
| 2 | 0 | 1 | — | $1,496 | $2,993 | $3,390 | Unfurnished |
| 6 | 1 | 1 | — | $1,911 | $11,468 | $12,570 | Unfurnished |
# of Buildings: 2
# of Units Total: 26
Separate Electric Meters: 28
Separate Gas Meters: 2
Separate Water Meters: 2
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
11.0x
List Price / Annual Gross Rent
Cap Rate
5.72%
NOI / List Price
Gross Scheduled Income: $541,225
Vacancy Allowance: $16,237
Operating Expense: $184,520
Net Operating Income: $340,469
Annual Operating Expenses
Cable TV: $1,200
Electric: $3,000
Gardener: $3,000
Fuel: $2,000
Insurance: $18,915
Licenses: $2,774
Maintenance: $27,716
New Taxes: $74,375
Pest Control: $2,096
Professional Management: $21,649
Trash: $0
Water / Sewer: $9,595
Other Expense: $2,600
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4261004009
Additional Parcels: Yes
Tax Lot: 8
Tax Block: F
Community
Senior Community: No
Community Features: Street Lights, Sidewalks, Urban
Nearby Schools
Nearby schools around the 1537-1545 Corinth, Los Angeles, CA 90025. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$4,760,000
Total Interest
$6,071,118
Total Payment
$10,831,118
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$36,434
per month
Property History for 1537-1545 Corinth
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90025.
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