7-Unit Apartment
For Sale
$1,750,000
3301 Eagle Rock BLVD, Los Angeles, CA 90065
Residential units are complemented by space currently rented for commercial use.
Property Size4,370 SF
Days on Market50
Property Features for 3301 Eagle Rock BLVD
General Information
Standard status
Active
Size
4,370 SF
Property subtype
Apartment
Site & Location
Neighborhood
Glassell Park
Additional Details
Multifamily Units
7
Building Details
Building Size
4,370 SF
Year Built
1924
Listing Agency:
Lotus Property Services, Inc.
Listed By:
Vincent Medina · License #01711465
(626) 582-8001
Source:
Milsteinestates
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 28 at 5:31PM
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 Lotus Property Services, Inc.
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Investment Insights
Based on property information with market context.
Built in 1924, this apartment property contains 7 residential units along with a portion of the property that is currently rented for commercial use. The combination of residential and commercial occupancy creates a mixed operating profile within an apartment-focused asset.
The property is located at 3301 Eagle Rock Boulevard in Los Angeles, CA 90065. Nearby context includes neighborhood retail, restaurants, schools, parks, and major transportation corridors, with access to Eagle Rock, Highland Park, Glassell Park, Pasadena, Northeast Los Angeles, and the San Gabriel Valley.
The property is located at 3301 Eagle Rock Boulevard in Los Angeles, CA 90065. Nearby context includes neighborhood retail, restaurants, schools, parks, and major transportation corridors, with access to Eagle Rock, Highland Park, Glassell Park, Pasadena, Northeast Los Angeles, and the San Gabriel Valley.
Key Highlights
- 7‑unit apartment property
- Built in 1924
- Portion of the property is rented for commercial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,493
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,769,860
$1.8M
Cap Rate 7%
$1,264,186
$1.3M
Cap Rate 9%
$983,256
$983.3K
Market Conditions
NOI Build-Up for 4,370 SF
Gross rent
$157.3K $36.00/SF
− Vacancy
−$15.7K −$3.60/SF
EGI
$141.6K $32.40/SF
− OpEx
−$53.1K −$12.15/SF
NOI
$88.5K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,769,860
Cap Rate 7%
$1,264,186
Cap Rate 9%
$983,256
Alternative Uses
Best Use
Apartment 5plus
$77.26M
$67.60M – $90.14M
NOI $5,408,111 @ 7.0% cap · market cap 309.03%
Second Best
Mixed Use
$1.26M
$1.11M – $1.47M
NOI $88,493 @ 7.0% cap · market cap 5.06%
Theoretical Best
Multifamily LT 5
$88.53M
$77.47M – $103.29M
NOI $6,197,350 @ 7.0% cap · market cap 354.13%
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
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Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,079
Businesses Nearby
Explore this area
Business Placement
Demographics for 90065, CA
44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
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 - Residential units are complemented by space currently rented for commercial use.
Where is this apartment building located?
The property is located at 3301 Eagle Rock BLVD Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 7‑unit apartment property; Built in 1924; Portion of the property is rented for commercial use
