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722 S Ford Boulevard
USD 2,300,000
Property ID: 25512843
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722 S Ford Boulevard ,90022
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icon 6657 SqFt
icon Built in 1931
icon USD 346/SqFt
icon 17 Beds
icon 12 Full
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Location
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Interior Details
Bedrooms
17
Bathrooms
12
Interior Size
7146
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1931
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Detailed Introduction Of This Home
We are pleased to present 722 S Ford Blvd, a 12-unit multifamily investment opportunity in East Los Angeles, located just north of Whittier Blvd off the 710 Freeway. The property features a unit mix of seven one-bedrooms and five two-bedrooms. At the asking price, the property is being offered at a 6.91% CAP rate and 8.60 GRM on current income with an additional 13% rental upside, offering high in-place yield. The property is well-maintained, and ownership has completed significant cap ex items including the exterior paint and facade, new windows, water heater, renovated common area hallways with vinyl-plank flooring and new paint, and renovated interior units include recessed lighting, new flooring, wall AC units, stainless steel appliances, new kitchen cabinetry with backsplashes, and renovated bathrooms. Additional upside achievable through parking in the rear of the property or a potential ADU(s) (Buyer to verify). The property has a secure entrance, and common area laundry with two washers and two dryers, leased to Wash. The property is a half-mile from the Metro L Rail Line, and walking distance to the Metro Local Lines along Ford Blvd and Whittier Blvd. The location offers easy access to the 710, 5, and 60 Freeways for a commute to Downtown Los Angeles, Vernon, Commerce, and the San Gabriel Valley.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (11)
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722 S Ford Boulevard
USD 2,300,000 17 Beds
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