Six-Unit Multifamily
For Sale
Contact for pricing
3672 Percy, Los Angeles, CA 90023
2017-built campus with central AC, in-unit laundry, and separately metered utilities plus room for additional ADUs.
Property Size6,578 SF
Price / SF$394.50
Days on Market56
Property Features for 3672 Percy
General Information
Standard status
Active
Size
6,578 SF
Total Parking Spaces
10
Property subtype
Multifamily
Additional Details
Cap Rate
6.2%
Highway Access
Yes
Sprinkler System
Yes
Multifamily Units
6
Building Details
Year Built
2017
Listing Agency:
BUCKINGHAM INVESTMENTS
Listed By:
Anthony Walker · License #01908153
Source:
Crexi
Added: Jun 12
Changed: Jul 10
Last Checked: Aug 6 at 5:05AM
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.
Comprising a six-unit campus built in 2017, the property is laid out as three duplexes with spacious three-bedroom, two-bath units. The homes feature in-unit laundry, stainless appliances including microwaves, dishwashers, and refrigerators, recessed overhead lighting, central AC, vinyl plank flooring, and modern open-concept floor plans. Upper units include vaulted ceilings and balconies, and master suites are included throughout. The project also has fire sprinklers and includes landscaping. Plans are previously approved for two additional one-bedroom tiny home ADUs, providing an expansion path within the same parcel.
The property is offered as a single parcel in Boyle Heights, and the public remarks note it is exempt from LA RSO and CA statewide AB1482 rent control. Parking is substantial for the configuration, with 10 parking spaces plus additional driveway parking. It is described as directly across from Stevenson Middle School, with convenient access to major freeways including the 5, 10, 60, and 710.
For operators and buyers, the separately metered utilities are positioned to leave zero utility expenses for the owner. The remarks also describe a current in-place performance snapshot, including a 6.2% cap rate on proven actuals and a GRM of 11.49, with potential metrics cited after ADU construction. Existing unit finishes and the approved ADU plans may appeal to tenants seeking newer, amenity-forward housing while giving an owner a pathway to add income through the additional ADUs.
The property is offered as a single parcel in Boyle Heights, and the public remarks note it is exempt from LA RSO and CA statewide AB1482 rent control. Parking is substantial for the configuration, with 10 parking spaces plus additional driveway parking. It is described as directly across from Stevenson Middle School, with convenient access to major freeways including the 5, 10, 60, and 710.
For operators and buyers, the separately metered utilities are positioned to leave zero utility expenses for the owner. The remarks also describe a current in-place performance snapshot, including a 6.2% cap rate on proven actuals and a GRM of 11.49, with potential metrics cited after ADU construction. Existing unit finishes and the approved ADU plans may appeal to tenants seeking newer, amenity-forward housing while giving an owner a pathway to add income through the additional ADUs.
Key Highlights
- 2017‑built 6‑unit campus in Boyle Heights: (3) duplexes with spacious 3 bed, 2 bath units
- Previously RTI plans for (2) 1 bed tiny home ADUs, offering expansion potential
- Central AC and in‑unit laundry in the units, with modern finishes including stainless appliances and recessed lighting
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,434
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 2017-built campus with central AC, in-unit laundry, and separately metered utilities plus room for additional ADUs.
Where is this apartment building located?
The property is located at 3672 Percy Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: 2017‑built 6‑unit campus in Boyle Heights: (3) duplexes with spacious 3 bed, 2 bath units; Previously RTI plans for (2) 1 bed tiny home ADUs, offering expansion potential; Central AC and in‑unit laundry in the units, with modern finishes including stainless appliances and recessed lighting
