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Apartments For Sale • 16,488 SF
| Offered at $100,000 per unit — 39% below the 10-year Boyle Heights average of $162,502 per unit |
| Operating at a current 6.96% cap rate and 7.34 gross rent multiplier |
| There is 35 percent remaining rental upside through tenant relocation and interior renovations |
| Located near a wide variety of retail, dining, cultural, fitness, and employment options across DTLA, Boyle Heights, Lincoln Heights, and Echo Park |
| Only 6.7% of multi-family buildings are 30 units or more in the 90033 zip code |
| Long term ownership - property has been owned for 37 years, offering a rare acquisition opportunity |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 4 min | - | 1.6 mi | |
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 6 min | - | 1.6 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 25 min | - | 17.5 mi |
| Los Angeles International | 29 min | - | 17.7 mi |
| Long Beach (Daugherty Field) | 30 min | - | 21.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 2 |
| Type: | Surface |
| Included in Rent: | Yes |
Sean Rosenzweig
Marcus & Millichap
Sean Rosenzweig
Marcus & Millichap
