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$1,950,000
New Listing

722 S Ford Boulevard
Los Angeles, CA 90022

For Sale|Apartment|Active
0
Beds
0
Total Baths
7,146
SqFt
$273
/SqFt
1931
Built
County:
Los Angeles
Listed by Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. [email protected]

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722 S Ford Boulevard722 S Ford Boulevard722 S Ford Boulevard722 S Ford Boulevard
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8% CAP RATE!! 722 S Ford Blvd presents an excellent opportunity to acquire a well- located 12-unit multifamily property in East Los Angeles. The property features a desirable unit mix consisting of (7) 1 Bed/1 Bath Units and (5) 2 Bed/1 Bath Units, currently generating $22,225 in monthly rental income. The asset is currently operating at a 8.05% cap rate and 7.31 GRM, providing investors with stable in-place income and strong cash flow. Priced at just $162,500 per unit and $272 per square foot, the offering presents an attractive basis relative to comparable multifamily assets in the area. Located in East Los Angeles, the property benefits from close proximity to Downtown Los Angeles, surrounding Eastside neighborhoods, and major transportation corridors including Interstate 5, Interstate 10, and Interstate 70, providing residents with convenient access to employment, retail, and entertainment destinations throughout the greater Los Angeles area.

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Listing Snapshot
Price 
$1,950,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,146 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1528 Acres
Year Built 
1931
MLS® Number 
SB26217291
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing first seen on site
11 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1528
Garage 
Yes
Garage Spaces 
6
Land Lease 
No
Number Of Stories 
2
Parking Spaces 
6
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7146
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Community Features 
CurbsSuburbanSidewalks
MLS Area 
ELA - East Los Angeles
Financing Terms Available 
CashConventionalContract
Building Access 
Front


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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