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1909 Johnston St 8 Unit Apartment Building $1,300,000 ($162,500/Unit) 4.01% Cap Rate Los Angeles, CA 90031
EXECUTIVE SUMMARY
Partners CRE is offering a prime 8 unit building in Northeast
LA—perfect for local investors looking for stable income with solid upside. 19009 Johnston is in a walkable, up-and-coming neighborhood with strong rental demand. Whether you’re looking to grow your portfolio or just get your feet wet in real estate, this is a great opportunity.
Seller is even offering financing on up to 40% of the price at 6% interest-only for two years—making the entry even easier.
LA—perfect for local investors looking for stable income with solid upside. 19009 Johnston is in a walkable, up-and-coming neighborhood with strong rental demand. Whether you’re looking to grow your portfolio or just get your feet wet in real estate, this is a great opportunity.
Seller is even offering financing on up to 40% of the price at 6% interest-only for two years—making the entry even easier.
PROPERTY FACTS
| Price | $1,300,000 | Apartment Style | Low-Rise |
| Price Per Unit | $162,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 4.01% | Building Size | 3,870 SF |
| Gross Rent Multiplier | 13.4 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RD2 - restricted Density Multiple Dwelling | ||
| Price | $1,300,000 |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| Cap Rate | 4.01% |
| Gross Rent Multiplier | 13.4 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,870 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1926 |
| Opportunity Zone |
Yes |
| Zoning | RD2 - restricted Density Multiple Dwelling |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 5210-017-021 | Improvements Assessment | $236,756 |
| Land Assessment | $236,756 | Total Assessment | $473,512 |
PROPERTY TAXES
Parcel Number
5210-017-021
Land Assessment
$236,756
Improvements Assessment
$236,756
Total Assessment
$473,512
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1909 Johnston St
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