722 S Ford Blvd | Los Angeles, CA 90022
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- LoopNet Team
722 S Ford Blvd
Los Angeles, CA 90022
Multifamily Property For Sale
·
12 Units
INVESTMENT 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
- At the asking price, the property is being offered at a 7.27% CAP rate and 8.22 GRM on current income
- The property is well-maintained, and ownership has completed significant cap ex items
- The property features a unit mix of seven one-bedrooms and five two-bedrooms
- Additional upside achievable through parking in the rear of the property or a potential ADU(s) (Buyer to verify)
- The property has a secure entrance, and common area laundry with two washers and two dryers, leased to Wash
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 7,146 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1931 |
| Building Class | C | ||
| Zoning | R3, L.A. County - high density residential | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,146 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Zoning | R3, L.A. County - high density residential |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Online Services
- Walk-Up
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 5247-012-005 | Improvements Assessment | $910,261 |
| Land Assessment | $1,132,137 | Total Assessment | $2,042,398 |
PROPERTY TAXES
Parcel Number
5247-012-005
Land Assessment
$1,132,137
Improvements Assessment
$910,261
Total Assessment
$2,042,398
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