6-Unit Spanish-Style Apartment
For Sale
$1,050,000
1258 S Woods Avenue Los, Los Angeles, CA 90022
Two separate buildings offer one-bedroom layouts, full kitchens, baths, and washer/dryer hookups.
Property Size4,186 SF
Lot Size0.13 Acres
Price / SF$250.84
Days on Market96
Property Features for 1258 S Woods Avenue Los
General Information
Standard status
Active
Size
4,186 SF
Total Parking Spaces
6
Lot size
0.13 Acres
Property subtype
Apartment
Zoning
LC-R4
Financials
Cap Rate
7%
Gross Rent Multiplier
9.3
Units
Unit Mix
6 x 1BR/1BA
Multifamily Units
6
Amenities
washer/dryer hookups
Wall Furnace
Gas Range
Refrigerator
Water Heater
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Spanish Tile
Building Details
Year Built
1929
Buildings
2
Stories
2
Construction
Spanish
Listing Agency:
Nohco Real Estate
Listed By:
Brian Noh · License #01438155
(949) 308-5775
Source:
Kw
Added: Jul 24
Changed: Oct 27
Last Checked: Oct 26 at 8:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nohco Real Estate
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Investment Insights
Based on property information with market context.
This Spanish-style multifamily property comprises two separate buildings totaling 4,186 square feet and six one-bedroom, one-bath apartments. Each unit includes a full kitchen, a roomy bedroom, and washer/dryer hookups. Interior features include wall furnaces, gas ranges, refrigerators, and water heaters. One apartment is vacant and ready for occupancy, while the other units are tenant-occupied. Constructed in 1929, the property sits on a 5,464-square-foot lot with LC-R4 zoning.
Six rear garages provide additional on-site improvements and have alley access. The property is located in East Los Angeles near multiple freeways and Citadel Outlets. Current financial metrics include a 9.3 GRM and a 7.0% cap rate.
Six rear garages provide additional on-site improvements and have alley access. The property is located in East Los Angeles near multiple freeways and Citadel Outlets. Current financial metrics include a 9.3 GRM and a 7.0% cap rate.
Key Highlights
- Six‑unit apartment property with six one‑bedroom/one‑bath units
- Two separate buildings totaling 4,186sf
- Actual 9.3 GRM and 7.0% Cap Rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,515
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,750,300
$1.8M
Cap Rate 7%
$1,250,214
$1.3M
Cap Rate 9%
$972,389
$972.4K
Market Conditions
NOI Build-Up for 4,186 SF
Gross rent
$160.2K $38.28/SF
− Vacancy
−$1.1K −$0.27/SF
EGI
$159.1K $38.01/SF
− OpEx
−$71.6K −$17.11/SF
NOI
$87.5K $20.91/SF
Area
ZIP 90022
Vacancy
0.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,750,300
Cap Rate 7%
$1,250,214
Cap Rate 9%
$972,389
Alternative Uses
Best Use
Apartment 5plus
$1.25M
$1.09M – $1.46M
NOI $87,515 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,387 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,307
Businesses Nearby
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Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two separate buildings offer one-bedroom layouts, full kitchens, baths, and washer/dryer hookups.
Where is this apartment building located?
The property is located at 1258 S Woods Avenue Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Six‑unit apartment property with six one‑bedroom/one‑bath units; Two separate buildings totaling 4,186sf; Actual 9.3 GRM and 7.0% Cap Rate
