$2,300,000 USD
310-909-5444
722 S Ford Blvd
Los Angeles, CA 90022
East Los Angeles
HIGHLIGHTS
- The Neema Group of Marcus & Millichap is pleased to present 722 S Ford Blvd, a 12-unit multifamily investment opportunity in East Los Angeles
- The property features a unit mix of seven one-bedrooms and five two-bedrooms
- At the asking price, the property is being offered at a 7.03% CAP rate and 8.50 GRM on current income
- Additional upside achievable through parking in the rear of the property or a potential ADU(s) (Buyer to verify)
- The property is well-maintained, and ownership has completed significant cap ex items
- The property has a secure entrance, and common area laundry with two washers and two dryers, leased to Wash
FOR SALE DETAILS
PRICE
$2,300,000 USD
PRICE/SF
$322 USD /SF
# OF UNITS
12
PRICE/UNIT
$191,667
CAP RATE
7.03%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1931
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.15 AC
LAND SF
6,534 SF
ZONING
R3, L.A. County
APN/PARCEL ID
5247-012-005
ASK ABOUT THIS PROPERTY
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310-909-5444
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310-909-5444
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