Los Angeles, CA 90022 926 S Ford Boulevard

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Presented By: Jason Tuvia with Marcus & Millichap;
  • MLS# 24380539
  • 04/15/2024
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 5
  • FootageSQFT • 2,808
  • GarageGarage • 1

Home Details

We are pleased to present a three (3) property portfolio (may be sold together or separate) totaling nine (9) unit located in Los Angeles, California. The subject property is situated in an ideal East Los Angeles / Boyle Heights location, north of the -5 freeway and east of the -101 freeway. Built in 1954, 2722 E 2nd Street contains an exceptional unit mix of two (2) two-bedroom / one-bathroom units and one (1) three-bedroom / two-bathroom detached single-family residence. There is ample on-site parking available. Built in 1927, 1050 S Bonnie Beach Place contains a incredible unit mix of two (2) two-bedroom / one and a half-bathroom units and one (1) three-bedroom / one and a half-bathroom unit. There is positive initial cash flow at a 7.26% cap rate on current numbers. Additionally, there is potential to convert the carports into multiple ADU unit(s). Built in 1973, 926 S Ford Boulevard contains a streamlined unit mix of three (3) two-bedroom / one and a half-bathroom units with a bonus den. There is potential to convert the carports into multiple ADU unit(s). Situated in an ideal East Los Angeles / Boyle Heights location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire up to three (3) triplexes all within a few miles of each other.
Presented By: Jason Tuvia with Marcus & Millichap;

Interior Features for 926 S Ford Boulevard

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths5

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Street SuffixBoulevard
Total Stories2

General for 926 S Ford Boulevard

Additional Parcels Y/NNo
AppliancesRefrigerator
Attached Garage No
Cap Rate7.26
Carport Y/NYes
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
Days on Market8
DirectionsThe subject property is situated in an ideal East Los Angeles location, north of the -5 freeway and east of the -101 freeway.
Garage Y/NNo
Gross Income114840.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet5456.0
MLS AreaELA - East Los Angeles
MobileHomeRemainsYNNo
Net Operating Income87156.0
New ConstructionNo
Occupancy DescriptionTenant
Open Parking Spaces2.0
Patio/Porch FeaturesOpen, Patio
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameFord
Tenant PaysElectricity, Gas
Total Units3
View Y/NNo
Waterfront Y/NNo
Year Built1973
ZoningLCP*

Exterior for 926 S Ford Boulevard

Building Area Total2808.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped, RectangularLot
Lot Size Acres0.1253
Lot Size Area5456.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCovered, DetachedCarport, Uncovered
SpaNo
Total Parking6.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,200,000
MLS#24380539
List Date 04/15/2024
Property Type Multi-Family
Phone 714.964.3311
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