Non-Rent Controlled 6-Unit
For Sale
Contact for pricing
733 Bernard St, Los Angeles, CA 90012
Six 2-bedroom units with dishwashers, central A/C and heat, and on-site tuck-under parking.
Property SizeContact for details
Days on Market122
Property Features for 733 Bernard St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
4.76%
Multifamily Units
6
Building Details
Year Built
1985
Tenancy
Multi
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 259-7556
Listed By:
Cameron Samimi · License #CA 02035763
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 3:43AM
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 Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
This non-rent controlled 6-unit apartment property was constructed circa 1985 and offers a consistent unit mix of (6) 2-bedroom/2-bath residences. The units are described as being in good shape and include dishwashers, central A/C and heat, and copper plumbing. The property also has tuck-under parking with enough space to fit over 10 cars. Gas and electric are separately metered.
The building is located on Bernard St in Los Angeles, described as Echo Park adjacent and only about a block from Dodgers Stadium. It is also noted to be only minutes from Downtown Los Angeles, Echo Park, and Silver Lake.
The asset is currently operating with established rental income and is presented as a value-add opportunity, with one unit to be delivered vacant for the buyer. Current operating metrics are cited as a 4.76% cap rate and 13.75 GRM, with pro forma figures also provided in the remarks.
The building is located on Bernard St in Los Angeles, described as Echo Park adjacent and only about a block from Dodgers Stadium. It is also noted to be only minutes from Downtown Los Angeles, Echo Park, and Silver Lake.
The asset is currently operating with established rental income and is presented as a value-add opportunity, with one unit to be delivered vacant for the buyer. Current operating metrics are cited as a 4.76% cap rate and 13.75 GRM, with pro forma figures also provided in the remarks.
Key Highlights
- Non‑rent controlled 6‑unit property at 733 Bernard St., Echo Park adjacent Los Angeles
- Unit mix: (6) 2‑bedroom / 2‑bath units; 1 unit to be delivered vacant
- Units feature dishwashers, central A/C and heat, and copper plumbing
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,629
Businesses Nearby
Explore this area
Business Placement
Demographics for 90012, CA
33,851
Population
16,541
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
9,403
Density / Sq Mi
$67,635
Median Household Income
$44,901
Median Earnings
$2,116
Median Rent
$686,400
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 - Six 2-bedroom units with dishwashers, central A/C and heat, and on-site tuck-under parking.
Where is this apartment building located?
The property is located at 733 Bernard St Los Angeles, CA.
What are key features of this property?
This property features: Non‑rent controlled 6‑unit property at 733 Bernard St., Echo Park adjacent Los Angeles; Unit mix: (6) 2‑bedroom / 2‑bath units; 1 unit to be delivered vacant; Units feature dishwashers, central A/C and heat, and copper plumbing
