1861 W Martin Luther King Jr Boulevard
Los Angeles — 12 units / 7,404 sf building
Listing Agent: Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc.
Units
12
Building Size
7,146 sf
Lot Size
6,657 sf
Status
Active
Listing Agent: Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc.
Los Angeles
About This Property
8% CAP RATE!! 722 S Ford Blvd presents an excellent opportunity to acquire a well- located 12-unit multifamily property in East Los Angeles. The property features a desirable unit mix consisting of (7) 1 Bed/1 Bath Units and (5) 2 Bed/1 Bath Units, currently generating $22,225 in monthly rental income. The asset is currently operating at a 8.05% cap rate and 7.31 GRM, providing investors with stable in-place income and strong cash flow. Priced at just $162,500 per unit and $272 per square foot, the offering presents an attractive basis relative to comparable multifamily assets in the area. Located in East Los Angeles, the property benefits from close proximity to Downtown Los Angeles, surrounding Eastside neighborhoods, and major transportation corridors including Interstate 5, Interstate 10, and Interstate 70, providing residents with convenient access to employment, retail, and entertainment destinations throughout the greater Los Angeles area.
Unit Mix
Neighborhood
This property is located in Los Angeles. Want to learn more about the area?
Explore CommunitiesAsking Price
$1,950,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
Same vibe