List Search

960 Simmons Ave
Los Angeles, CA 90022

$750,000 USD

Apartments For Sale  •  3,712 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,712 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1930
  • Cap Rate 4.95 %
  • Zoning LCR3YY
57 Transit Score
87 Walk Score

Highlights

First Time on the Market in 38 Years | Offered at $750,000: Attractively priced at $150,000 per unit!
Desirable Unit Mix: Four spacious (1 Bed + 1 Bath) units plus one 1 Bed + 1 Bath single-family residence
Large Units: The units in the Fourplex average 800 Sq Ft each | Value Add Opportunity
Separately Metered for Gas & Electricity: Reduces owner expenses and supports improved operating efficiency
Prime Walkable Location | Whittier Blvd Corridor: Walking distance to shops, dining, and neighborhood amenities
Located in Unincorporated Los Angeles County: Subject to the Unincorporated LA County Rent Ordinance

Financial Summary (Actual)

Net Operating Income: $37,089 USD (2025)
Cap Rate: 4.95 %
Total Expenses: $23,238 USD

Public Transportation

Commuter RailDriveWalkDistance
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.7 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 3.3 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 29 min - 19.0 mi
Bob Hope 33 min - 22.9 mi
Los Angeles International 34 min - 24.0 mi
Shant Sherbetdjian 310-968-6049 RE/MAX Commercial & Investment Realty
Shant Sherbetdjian 310-968-6049 RE/MAX Commercial & Investment Realty