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10-Unit Apartment Building
For Sale
$2,300,000

816 S Record Avenue Los, Los Angeles, CA 90023

Fully occupied property with individually metered utilities, mini-split systems, covered parking, and on-site laundry.

Property SizeContact for details
Days on Market88

Property Features for 816 S Record Avenue Los

General Information

Standard status Active
Property subtype Apartment
Occupancy 100%

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 9 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 10

Amenities

on-site coin-operated laundry
covered parking
See Remarks

Building Details

Year Built 2006
Buildings 1
Stories 2
Listing Agency: eXp Realty of California Inc
Listed By: Annalee Bauer · License #02032556
Source: Kw
Added: May 18 Changed: Aug 13 Last Checked: Aug 13 at 2:09AM

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 eXp Realty of California Inc

Investment Insights

Based on property information with market context.

Built in 2006, this 10-unit apartment building contains 19 bedrooms and 10 bathrooms. The unit mix includes nine two-bedroom, one-bath residences and one one-bedroom, one-bath residence. Each apartment has separate electricity, gas, and water meters, along with an individual mini-split system. Tenants pay all utilities, and the property includes coin-operated laundry and covered tenant parking.

The property is located at 816 S Record Avenue in East Los Angeles, approximately five miles from Downtown Los Angeles and four miles from Monterey Park. Whittier Boulevard’s restaurants, shopping, and entertainment are a five-minute drive away, while East Los Angeles College is three miles from the property. Interstate 710, Interstate 5, and Route 60 provide nearby regional access.

Key Highlights

  • 10‑unit apartment building with 19 bedrooms and 10 bathrooms
  • Unit mix includes 9 two‑bedroom, one‑bath units and 1 one‑bedroom, one‑bath unit
  • Built in 2006 and fully occupied

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,123
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied property with individually metered utilities, mini-split systems, covered parking, and on-site laundry.
Where is this apartment building located?
The property is located at 816 S Record Avenue Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 10‑unit apartment building with 19 bedrooms and 10 bathrooms; Unit mix includes 9 two‑bedroom, one‑bath units and 1 one‑bedroom, one‑bath unit; Built in 2006 and fully occupied
More about this property
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