14625 Nelson Ave | La Puente, CA 91744
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14625 Nelson Ave
La Puente, CA 91744
5 Units La Puente: 13 GRM | 5+% CAP Rate! · Multifamily Property For Sale
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5 Units
INVESTMENT HIGHLIGHTS
- LISTED AT $1,150,000
- (1) 2-Bed/1-Bath & (4) 1-Bed/1-Bath Units
- Potential ADU Conversion | Tenants Enjoy Onsite Garage & Carport Parking
- 30+% UPSIDE IN RENTAL INCOME (No Local City Rent Control)
- 5.17% CAP Rate | 13 GRM | 10,000 Sq. Ft. Lot
- Ideal Opportunity to Reposition Tenants & Increase Income to 6.8+% Market Cash-on-Cash Return!
PROPERTY FACTS
| No. Units | 5 | Building Size | 2,801 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 5.24/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | LAR4* | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 2,801 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 5.24/1,000 SF |
| Zoning | LAR4* |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $2,000 | - |
| 1+1 | 4 | $1,343 | - |
PROPERTY TAXES
| Parcel Number | 8210-001-022 | Improvements Assessment | $559,980 |
| Land Assessment | $664,020 | Total Assessment | $1,224,000 |
PROPERTY TAXES
Parcel Number
8210-001-022
Land Assessment
$664,020
Improvements Assessment
$559,980
Total Assessment
$1,224,000
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