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3232 S Central Ave
Los Angeles, CA 90011 Southeast Los Angeles

$1,226,000 USD

Apartments For Sale  •  5,180 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,180 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1924
  • Cap Rate 6.99 %
  • Zoning LAM1
80 Transit Score
70 Walk Score

Highlights

Offered at a 6.99% CAP Rate
Recently Upgraded Electrical Panels
Priced at a 6.46 Gross Rent Multiplier
Mix of Studio & One-Bedroom Units
Located in South Central Los Angeles

Financial Summary (Actual)

Net Operating Income: $85,672 USD (2025)
Cap Rate: 6.99 %
Total Expenses: $98,361 USD

Amenities

  • Heating

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 7 min - 3.3 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)) 9 min - 3.7 mi
AirportDriveWalkDistance
Los Angeles International 23 min - 12.7 mi
Bob Hope 28 min - 20.7 mi
Long Beach (Daugherty Field) 29 min - 21.0 mi
Andres Diaz 323-376-2469 KW Commercial
Andres Diaz 323-376-2469 KW Commercial