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Modern 8-Unit Multifamily Campus
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3429 Percy St, Los Angeles, CA 90023

Eight newer-construction residential units with separately metered utilities and on-site parking for tenants.

Property SizeContact for details
Days on Market141

Property Features for 3429 Percy St

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Multifamily

Additional Details

Cap Rate 5.3%
Sprinkler System Yes
Multifamily Units 8

Amenities

in-unit laundry
stainless appliances
microwaves
dishwashers
fridges
recessed overhead lighting
central AC
vaulted ceilings
balconies
vinyl plank flooring
master suites
fire sprinklers
water free landscaping
modern open concept floor plans
1GB internet connections
Samsung Art TVs
USB outlets
Listing Agency: BUCKINGHAM INVESTMENTS
Listed By: Anthony Walker · License #01908153
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 12:37AM

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 BUCKINGHAM INVESTMENTS

Investment Insights

Based on property information with market context.

This newer-construction multifamily campus consists of eight residential units arranged as three duplexes plus two 1-bed ADUs described as “tiny home” style. The main units were finished in 2017, and the ADUs are described as brand new 2023 construction. The property includes in-unit laundry, stainless appliances with microwaves, dishwashers, and fridges, recessed overhead lighting, central AC, vaulted ceilings and balconies in upper units, and vinyl plank flooring. Fire sprinklers are noted, along with modern open-concept floor plans and water-free landscaping.

The site is described as very well parked with 10 parking spaces plus additional driveway parking. All utilities are separately metered, with the listing stating this results in zero utility expenses for the owner.

The listing also notes that the two ADUs include 1GB internet connections and in-unit amenities such as a Samsung Art TV (“The Frame”) along with conveniently placed electrical outlets including USB-C and standard USB charging outlets.

Key Highlights

  • 8‑unit single‑parcel campus in Boyle Heights, comprised of (3) duplexes plus (2) 1‑bed ADUs
  • Main units finished in 2017 with brand new 2023 construction ADUs, all within a newer construction setting
  • Units include in‑unit laundry and stainless appliances (microwave, dishwasher, refrigerator) plus recessed overhead lighting and vinyl plank flooring

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Accounting Firm Skin Care Clinic Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,269
Businesses Nearby

Demographics for 90023, CA

45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight newer-construction residential units with separately metered utilities and on-site parking for tenants.
Where is this apartment building located?
The property is located at 3429 Percy St Los Angeles, CA.
What are key features of this property?
This property features: 8‑unit single‑parcel campus in Boyle Heights, comprised of (3) duplexes plus (2) 1‑bed ADUs; Main units finished in 2017 with brand new 2023 construction ADUs, all within a newer construction setting; Units include in‑unit laundry and stainless appliances (microwave, dishwasher, refrigerator) plus recessed overhead lighting and vinyl plank flooring
(310) 561-4776 Call to check price and availability
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