Two-Story 12-Unit Apartment
For Sale
$2,199,500
7015 Rugby, Huntington Park, CA 90255
Two-story 12-unit building with a fenced swimming pool and rear carports for parking.
Property Size10,952 SF
Days on Market85
Property Features for 7015 Rugby
General Information
Standard status
Active
Size
10,952 SF
Total Parking Spaces
9
Property subtype
Apartment
Units
Unit Mix
4 x 1BR/1BA, 7 x 2BR/1BA, 1 x 3BR/1.5BA
Multifamily Units
12
Taxes and HOA fees
Annual Taxes
$15,328
Amenities
pool
Building Details
Building Size
10,952 SF
Year Built
1960
Buildings
1
Stories
2
Listing Agency:
Brabant Realty & Management
Listed By:
Donald Brabant · License #00635396
Source:
Truthrealty
Added: Jun 1
Changed: Aug 10
Last Checked: Aug 23 at 9:08AM
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 Brabant Realty & Management
Investment Insights
Based on property information with market context.
Two-story, twelve-unit apartment building built in 1960. The unit mix includes 4 one-bedroom/1-bath units, 7 two-bedroom/1-bath units, and 1 three-bedroom/1.5-bath unit. Most units surround and face a fully fenced swimming pool, creating a shared central courtyard feel.
The property is located one block from Huntington Park’s Historic Downtown Pacific Blvd. Parking is provided by 9 carports in the rear of the building.
With a balanced mix of one-, two-, and three-bedroom units and a central, fully fenced pool serving many of the apartments, the layout supports a straightforward resident experience and practical day-to-day site operations.
The property is located one block from Huntington Park’s Historic Downtown Pacific Blvd. Parking is provided by 9 carports in the rear of the building.
With a balanced mix of one-, two-, and three-bedroom units and a central, fully fenced pool serving many of the apartments, the layout supports a straightforward resident experience and practical day-to-day site operations.
Key Highlights
- Two‑story, twelve‑unit apartment building built in 1960
- Unit mix: 4 one‑bedroom/1‑bath, 7 two‑bedroom/1‑bath, 1 three‑bedroom/1.5‑bath
- Most units surround and face a fully fenced swimming pool
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$176,226
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,524,520
$3.5M
Cap Rate 7%
$2,517,514
$2.5M
Cap Rate 9%
$1,958,067
$2.0M
Market Conditions
NOI Build-Up for 10,952 SF
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.
Gross rent
$348.3K $31.80/SF
− Vacancy
−$27.9K −$2.54/SF
EGI
$320.4K $29.26/SF
− OpEx
−$144.2K −$13.17/SF
NOI
$176.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,524,520
Cap Rate 7%
$2,517,514
Cap Rate 9%
$1,958,067
Alternative Uses
Best Use
Apartment 5plus
$2.52M
$2.20M – $2.94M
NOI $176,226 @ 7.0% cap · market cap 8.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.86M
$5.13M – $6.84M
NOI $410,456 @ 7.0% cap · market cap 18.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
3,315
Businesses Nearby
Explore this area
Business Placement
Demographics for 90255, CA
71,157
Population
19,265
Households
3.7
Avg Household Size
34
Median Age
9%
College-Educated
53%
High-School Grad
3.7 sq mi
ZIP Area
19,232
Density / Sq Mi
$61,376
Median Household Income
$31,695
Median Earnings
$1,443
Median Rent
$562,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story 12-unit building with a fenced swimming pool and rear carports for parking.
Where is this apartment building located?
The property is located at 7015 Rugby Huntington Park, CA.
What is the asking price?
The asking price for this property is $2,199,500.
What are key features of this property?
This property features: Two‑story, twelve‑unit apartment building built in 1960; Unit mix: 4 one‑bedroom/1‑bath, 7 two‑bedroom/1‑bath, 1 three‑bedroom/1.5‑bath; Most units surround and face a fully fenced swimming pool
