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 Market52
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 23
Changed: Sep 11
Last Checked: Sep 11 at 2:42PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$87,515
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,307
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
