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5137 Union Pacific Ave
East Los Angeles, CA 90022
Multifamily Property For Sale
·
6 Units
Investment Highlights
- 6-Unit Value Add Opportunity in East Los Angeles: Excellent 6-unit value add opportunity in East LA with current rents approximately 32% under market
- Favorable Unit Mix: Excellent unit mix consisting of (4) two-bedroom/one-bathroom units and (2) three-bedroom/one and one-half bathroom units
- Walk Score 86: Property has Walk Score of 86 (very walkable) as it is just a few blocks from restaurants, cafes and coffee shops
- Excellent Metrics: Low price per foot ($211.24/ft) / 6.7% cap rate and 10.06 GRM on current rents
- Unincorporated LA County Location: Property is subject to LA County rent control law (not LA City) as it is located in an unincorporated section of LA
- Proximity to 5, 710 and 60 Freeways: Conveniently located near the 5, 60 and 710 freeways providing easy access to Downtown LA, the San Gabriel Valley
Property Facts
| No. Units | 6 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 6,154 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1947 |
| Building Class | C | ||
| Zoning | LCR4YY - Multiple Dwelling R3 Uses, Churches, Schools, Childcare, Homeless Shelter | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,154 SF |
| No. Stories | 2 |
| Year Built | 1947 |
| Zoning | LCR4YY - Multiple Dwelling R3 Uses, Churches, Schools, Childcare, Homeless Shelter |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Dining Room
- Family Room
Site Amenities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 975 |
| 3+1.5 | 2 | - | 1,000 |
Property Taxes
| Parcel Number | 5245-013-017 | Improvements Assessment | $580,292 |
| Land Assessment | $754,378 | Total Assessment | $1,334,670 |
Property Taxes
Parcel Number
5245-013-017
Land Assessment
$754,378
Improvements Assessment
$580,292
Total Assessment
$1,334,670
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