East Los Angeles Multifamily
For Sale
Contact for pricing
Pending
816 S Record Avenue, Los Angeles, CA 90023
Fully occupied 10-unit building in a prime rental location.
Property SizeContact for details
Days on Market89
Property Features for 816 S Record Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
Public Rec
Building Details
Buildings
1
Units
10
Listing Agency:
eXp Realty of California Inc
(208) 716-5044
Listed By:
Annalee Bauer · License #02032556
Source:
Crexi
Added: May 17
Changed: Aug 8
Last Checked: Jul 24 at 8:16AM
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.
This well-maintained, fully occupied 10-unit multifamily building, constructed in 2006, is located in a dense residential area of East Los Angeles. The property features 19 bedrooms and 10 bathrooms. The building comprises 9 large two-bedroom, one-bathroom units, and 1 large one-bedroom, one-bathroom unit. Each unit is equipped with its own mini split system and separate electricity, gas, and water meters. Tenants are responsible for all utility payments, contributing to low maintenance and expenses for the owner. On-site amenities include coin-operated laundry and covered parking for tenants. Situated approximately five miles from Downtown Los Angeles and four miles from Monterey Park, the property offers convenient access to the entertainment, restaurants, and shopping corridor on Whittier Boulevard. East Los Angeles College is located three miles away. The location provides connectivity to Interstate 710, Interstate 5, and Route 60. This property presents an investment opportunity to own a multi-family asset in a desirable location.
Key Highlights
- Fully occupied 10‑unit multi‑family building built in 2006.
- Each unit has separate meters for electricity, gas, and water; tenants pay all utilities.
- Features 9 large 2‑bedroom units and 1 large 1‑bedroom unit.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,123
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied 10-unit building in a prime rental location.
Where is this apartment building located?
The property is located at 816 S Record Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Fully occupied 10‑unit multi‑family building built in 2006.; Each unit has separate meters for electricity, gas, and water; tenants pay all utilities.; Features 9 large 2‑bedroom units and 1 large 1‑bedroom unit.
