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Residential Income Property

2545 Zonal Avenue, Los Angeles, CA 90033

For Sale
$722,000
Pending

A 1938 property with central interior features is offered for sale.

Property Size1,353 SF
Days on Market91

Property Features for 2545 Zonal Avenue

General Information

Standard status Pending
Size 1,353 SF
Total Parking Spaces 4
Property subtype Residential Income
Net Operating Income $50,100

Site & Location

Neighborhood Boyle Heights

Amenities

Sidewalks
Central

Building Details

Building Size 1,353 SF
Year Built 1938
Buildings 1
Stories 1
Listed By: Robert Peters
Source: Evrealestate
Added: Aug 11 Changed: Oct 27 Last Checked: Nov 8 at 6:24AM

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 Robert Peters

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Investment Insights

Based on property information with market context.

Built in 1938, this residential income property has a central interior feature. It is located at 2545 Zonal Avenue in Los Angeles, California.

Key Highlights

  • Built in 1938
  • Central interior feature
  • Located at 2545 Zonal Avenue in Los Angeles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,771
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,420 $435.4K
Cap Rate 7%
$311,014 $311.0K
Cap Rate 9%
$241,900 $241.9K
Market Conditions
NOI Build-Up for 1,353 SF
Gross rent
$43.0K $31.80/SF
− Vacancy
−$3.4K −$2.54/SF
EGI
$39.6K $29.26/SF
− OpEx
−$17.8K −$13.17/SF
NOI
$21.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,420
Cap Rate 7%
$311,014
Cap Rate 9%
$241,900

Alternative Uses

Best Use
Apartment 5plus
$311.0K
$272.1K – $362.9K (±1% cap)
NOI $21,771 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$564.9K
$494.3K – $659.1K (±1% cap)
NOI $39,543 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

3,626
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Residential income properties in Los Angeles, CA

$440 Jul
$438 Aug
$436 Sep
$435 Oct

Properties on Market for Residential income properties in Los Angeles

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A 1938 property with central interior features is offered for sale.
Where is this residential income property located?
The property is located at 2545 Zonal Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $722,000.
What are key features of this property?
This property features: Built in 1938; Central interior feature; Located at 2545 Zonal Avenue in Los Angeles
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