6-Unit Renovated Apartment
3559 PERCY ST, Los Angeles, CA 90023
For Sale
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Updated interiors, central air, and in-unit laundry support a fully occupied residential property.
Property SizeContact for details
Days on Market32
Property Features for 3559 PERCY ST
General Information
Standard status
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
in-unit washer/dryer
central A/C
hardwood flooring
recessed lighting
upgraded kitchens
custom cabinetry
stainless-steel appliances
landscaping
Listing Agency:
LEOLA Commercial Inc
Listed By:
Jesus Henao · License CA 11838985-PB00
Source:
Crexi
Added: Oct 9
Changed: Nov 8
Last Checked: Nov 8 at 5:14PM
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 LEOLA Commercial Inc
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Investment Insights
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This six-unit apartment property has been renovated throughout, with improvements that include a new roof, updated copper plumbing and electrical systems, and refreshed interiors. Each unit has central A/C and stackable in-unit laundry; interior finishes include hardwood floors, recessed lighting, upgraded kitchens, custom cabinetry, and stainless-steel appliances. The mix comprises four 2+1 units, one 3+2 unit, and one 1+1 unit. Landscaping has also been upgraded with water efficiency in mind, and the building does not require a soft-story retrofit. The property is reported as 100% occupied, with a 5.47% pro forma cap rate and approximately 10% remaining rental upside.
At 3557–3559 Percy Street in Boyle Heights, the property is near the Metro E Line and has access to major transportation corridors and freeways. Nearby anchors include Los Angeles Community Hospital. Restaurants, retail, parks, cultural destinations, and established residential areas are among the surrounding neighborhood amenities.
At 3557–3559 Percy Street in Boyle Heights, the property is near the Metro E Line and has access to major transportation corridors and freeways. Nearby anchors include Los Angeles Community Hospital. Restaurants, retail, parks, cultural destinations, and established residential areas are among the surrounding neighborhood amenities.
Key Highlights
- Six units: four 2+1, one 3+2, and one 1+1
- 100% occupancy and a 5.47% pro forma cap rate
- New roof; updated copper plumbing and electrical systems
Property Analytics
Who owns this building?
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Lease Details
6
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,434
Businesses Nearby
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Business Placement
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
$617,600
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
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Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated interiors, central air, and in-unit laundry support a fully occupied residential property.
Where is this apartment building located?
The property is located at 3559 PERCY ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Six units: four 2+1, one 3+2, and one 1+1; 100% occupancy and a 5.47% pro forma cap rate; New roof; updated copper plumbing and electrical systems
