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For SaleLuxury

$1,950,000

6,656 sqft$293/sqft31 days on market

722 S Ford Boulevard

Los Angeles, CA 90022

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

6,656

Square feet

1931

Built

Listing narrative

Description

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.

Listing agent (MLS): Aaron Jacobson · Listing brokerage (MLS): Lyon Stahl Investment Real Estate, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,950,000

Beds

Beds n/a

Type

Condo

Home Size

6,656 sqft

Baths

Baths n/a

Lot Size

0.15 acres

Year

1931

Status

For Sale

Days on Market

31

$ / Sqft

$293

· 8% down, 7% APR, 30yr fixed
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Courtesy of Lyon Stahl Investment Real Estate, Inc.