East Los Angeles Multifamily
For Sale
Contact for pricing
1134 S Vancouver Ave, East Los Angeles, CA 90022
Multifamily property for sale in East Los Angeles.
Property Size8,000 SF
Price / SF$350
Days on Market1511
Property Features for 1134 S Vancouver Ave
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Multifamily
Zoning
LCR4YY
Site & Location
Neighborhood
Whittier
Building Details
Year Built
1929
Stories
2
Units
16
Listing Agency:
Major Properties
Listed By:
Daniel Moussazadeh · License #CA 02058572
(310) 999-9437
Source:
Crexi
Added: Sep 17, 2022
Changed: Nov 4
Last Checked: Nov 4 at 1:13PM
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 Major Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property, located in East Los Angeles, California, is available for sale. The property encompasses a total size of 8,000 square feet.
Key Highlights
- For sale
- Year built: 1929
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,253
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,345,060
$3.3M
Cap Rate 7%
$2,389,329
$2.4M
Cap Rate 9%
$1,858,367
$1.9M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$306.2K $38.28/SF
− Vacancy
−$2.1K −$0.27/SF
EGI
$304.1K $38.01/SF
− OpEx
−$136.8K −$17.11/SF
NOI
$167.3K $20.91/SF
Area
ZIP 90022
Vacancy
0.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,345,060
Cap Rate 7%
$2,389,329
Cap Rate 9%
$1,858,367
Alternative Uses
Best Use
Apartment 5plus
$2.39M
$2.09M – $2.79M
NOI $167,253 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.26M
$2.85M – $3.80M
NOI $228,164 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,265
Businesses Nearby
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Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property for sale in East Los Angeles.
Where is this multifamily property located?
The property is located at 1134 S Vancouver Ave East Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: For sale; Year built: 1929
