Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    East Los Angeles Triplex Opportunity Title is generated by Realmo AI

    5609 E Beverly Boulevard, East Los Angeles, CA 90022

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Triplex in East Los Angeles with commercial potential.

    Type:Multifamily
    Property size:
    3,108 SF
    Price / SF:
    $321/SF
    Added:
    Oct 29, 2025
    Days on Market:
    200
    Last Refresh:
    Mar 19 at 9:14 pm

    Property Features for 5609 E Beverly Boulevard

    General Information

    Standard status
    Active
    Size
    3,108 SF
    Property subtype
    Multifamily

    We can help!

    Listing Contact
    KINNY LIN

    Listing agent KINNY LIN License #01244019

    Listing office TREELANE REALTY GRP, INC.

    Listing date Oct 29, 2025

    Source Crexi

    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 TREELANE REALTY GRP, INC.

    HighLights

    • Three units on Beverly Blvd in downtown East Los Angeles.
    • Excellent freeway access to Fwy 60, 710, 5, and 10.
    • Potential for rental income from commercial and residential units.
    • Front unit (approx. 1204 SF) suitable for office/retail or potential residential conversion.
    • Back building contains two 2‑bedroom, 1‑bath units (approx. 1904 SF total).
    • Gated car parking and rear alley access to the backyard.

    Overview

    This triplex is located on Beverly Boulevard in downtown East Los Angeles, offering convenient access to the 60, 710, 5, and 10 freeways. The property consists of three units: the front unit, 5609, and two residential units in the rear, 5611 and 5613. There are three electric and three gas meters for the property. The front unit, approximately 1204 square feet, features multiple rooms and two bathrooms and was formerly used as an office or retail store. The back two-story building, with 1904 square feet, contains two units, each with two bedrooms and one bathroom. The reference market rental rate for commercial spaces is $1.5 to $2.0 per square foot, while two-bedroom residential rentals are approximately $2000 per month. The property has rear alley access to the backyard and gated car parking. This property presents an opportunity for owner-occupancy or investment.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $791.9K
    NOI $71,273 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.02M
    NOI $71,273 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.43M
    NOI $71,273 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $104.4k $33.60
    − Vacancy −$2.6k −$0.84
    EGI $101.8k $32.76
    − OpEx −$30.5k −$9.83
    NOI $71.3k $22.93
    3,108 SF · lease $33.60/SF/yr · vacancy 2.50% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $1.02M
    $890.9K – $1.19M (±1% cap)
    NOI $71,273 @ 7.0% cap · market cap 7.13%
    Second Best
    Apartment 5plus
    $928.3K
    $812.2K – $1.08M (±1% cap)
    NOI $64,978 @ 7.0% cap · market cap 6.50%
    Theoretical Best
    Office A
    $1.27M
    $1.11M – $1.48M (±1% cap)
    NOI $88,642 @ 7.0% cap · market cap 8.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.157
    Latitude
    34.0246

    Nearby Similar for Sale

    • $995,000
      2,755 SF

      East Los Angeles Automotive Property

      Automotive and tire business on a large lot.
      1244 S Atlantic, East Los Angeles, CA 90022
      View Details
    • $745,000
      1,440 SF

      East Los Angeles Duplex For Sale

      Duplex in East Los Angeles with two separate homes.
      1020 S Mcbride, East Los Angeles, CA 90022
      View Details
    • $1,398,000
      3,810 SF

      East Los Angeles Multifamily Investment

      Multifamily property in East Los Angeles with income potential.
      3733 Bostwick St, East Los Angeles, CA 90063
      View Details
    • $749,000
      1,312 SF

      Updated Duplex in City Terrace

      Well-maintained duplex with modern upgrades in a desirable location.
      4185 City Terrace, East Los Angeles, CA 90063
      View Details
    • $945,000
      3,566 SF

      East Los Angeles Multifamily Investment

      Six-unit property on a large lot with value-add potential.
      459 S Sydney Drive, East Los Angeles, CA 90022
      View Details
    • $1,000,000
      3,108 SF

      East Los Angeles Mixed-Use Property

      Mixed-use property with retail and residential units in East Los Angeles.
      5609 E Beverly Blvd 3, East Los Angeles, CA 90022
      View Details
    • $1,150,000
      3,720 SF

      East Los Angeles Triplex Investment

      Fully leased triplex near freeways, universities, and Downtown LA.
      3844 Whiteside Street, East Los Angeles, CA 90063
      View Details
    • $500,000
      1,250 SF

      Medical Office in East Los Angeles

      Well-maintained medical office space in a high-traffic location.
      6513 Whittier Blvd, East Los Angeles, CA 90022
      View Details
    • $1,695,000
      7,904 SF

      East Los Angeles Office Building

      7,904 SF office building in a high-traffic location.
      920 S Atlantic Blvd, East Los Angeles, CA 90022
      View Details
    • $1,180,000
      4,861 SF

      Multifamily

      1072 Leonard Ave, East Los Angeles, CA 90022
      View Details
    • $935,000
      1,528 SF

      Renovated Duplex in East Los Angeles

      Fully renovated duplex with income potential in prime location.
      339 N McDonnell Ave, East Los Angeles, CA 90022
      View Details
    • $950,000

      East Los Angeles Triplex

      Triplex near schools, parks, and shopping in East L.A.
      565 Margaret Avenue, East Los Angeles, CA 90022
      View Details

    FAQs

    What type of property is this?
    Triplex - Triplex in East Los Angeles with commercial potential.
    Where is this triplex located?
    The property is located at 5609 E Beverly Boulevard East Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Three units on Beverly Blvd in downtown East Los Angeles.; Excellent freeway access to Fwy 60, 710, 5, and 10.; Potential for rental income from commercial and residential units.
    (626) 625-5034 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    KINNY LIN
    Real Estate License ID: 01244019
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5609 E Beverly Boulevard, East Los Angeles, CA 90022
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!