Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1134 S Vancouver Ave East Los Angeles, CA 90022

    View on Map
    Sponsored
    Source: https://www.majorproperties.com
    For Sale
    $2,800,000

    16-Unit Apartment Building

    Property size:
    6,528 SF

    Property Features for 1134 S Vancouver Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    6,528 SF
    Price / Square Foot
    $428
    Elevators
    N/A
    Lot Size
    8,000 SF

    Building Details

    Year Built
    1929
    Buildings
    1
    Stories
    2

    Overview

    16-Unit Apartment Building For Sale

    This is a two-story, 16-unit apartment building. The property consists of eight one-bedroom/one-bath units and eight single/one-bath units. The building was constructed in 1929 and is zoned LCR4YY with APN 5245-011-012. Recent upgrades include new windows, copper plumbing, LED energy-efficient lighting, and fresh exterior stucco paint. The property is located north of Olympic Boulevard and two blocks west of Atlantic Boulevard in East Los Angeles, California. The property has a total size of 6528 square feet.

    We can help!

    Listing Contact
    Daniel Moussazadeh

    Learn more

    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Los Angeles
    State
    California
    Longitude
    -118.1604928
    Latitude
    34.0184797

    Nearby Similar for Sale

    • $995,000
      2,755 SF

      East Los Angeles Automotive Property

      Automotive and tire business on a large lot.
      1244 S Atlantic Blvd, East Los Angeles, CA 90022
      View Details
    • $749,900
      2,206 SF

      East Los Angeles Triplex Opportunity

      Three-unit property on a large lot with solar panels.
      2683 E Marengo St, East Los Angeles, CA 90033
      View Details
    • $649,000
      1,680 SF

      East Los Angeles Duplex Opportunity

      Duplex with refreshed units, ample parking, and income potential.
      1052 S Herbert St, East Los Angeles, CA 90023
      View Details
    • $799,900
      2,377 SF

      East Los Angeles Triplex Opportunity

      Triplex in East Los Angeles with owner-occupancy potential.
      4416 Triggs St, East Los Angeles, CA 90040
      View Details
    • $699,000
      1,553 SF

      East Los Angeles Triplex Investment

      Triplex in East Los Angeles near shops and freeways.
      606 S Kern Ave, East Los Angeles, CA 90022
      View Details
    • $1,150,000
      3,720 SF

      East Los Angeles Triplex Investment

      Fully leased triplex near freeways, universities, and Downtown LA.
      3844 Whiteside St, East Los Angeles, CA 90063
      View Details
    • $1,398,000
      3,810 SF

      East Los Angeles Multifamily Investment

      Multifamily property in East Los Angeles with income potential.
      3733 Bostwick St, East Los Angeles, CA 90063
      View Details
    • $765,000
      1,312 SF

      Updated Duplex in City Terrace

      Well-maintained duplex with modern upgrades in a desirable location.
      4185 City Terrace Dr, East Los Angeles, CA 90063
      View Details
    • $429,999

      East LA Investment Opportunity

      High-visibility property on Whittier Blvd, ideal for investors/business owners.
      6422 Whittier Blvd, East Los Angeles, CA 90022
      View Details
    • $1,000,000

      Mixed-Use Property in East Los Angeles

      Three units on Beverly Blvd, great for owner use.
      5609 E Beverly Blvd, East Los Angeles, CA 90022
      View Details
    • $699,000

      East Los Angeles Multifamily Investment

      Multifamily property with three detached units in East Los Angeles.
      606 S Kern Ave, East Los Angeles, CA 90022
      View Details
    • $2,500,000

      Whittier Boulevard Retail/Warehouse Opportunity

      17,381 SF building on 11,600 SF land for sale.
      4771 Whittier Blvd, East Los Angeles, CA 90022
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 16-Unit Apartment Building
    Where is this multifamily property located?
    The property is located at 1134 S Vancouver Ave East Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    (310) 999-9437
    Request Owner's contact information
    1134 S Vancouver Ave East Los Angeles, CA 90022
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1134 S Vancouver Ave
    East Los Angeles, CA 90022
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1134 S Vancouver Ave East Los Angeles, CA 90022
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Daniel Moussazadeh
    (310) 999-9437
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!