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Est. payment | /mo
7,146 SqFt
$ 2,200,000
Est. payment | /mo
7,146 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,146 sqft
Price per Sqft $307
MLS Listing ID CL25512843
HOA Y/N No
Year Built 1931
Lot Size 6,657 Sqft
Acres 0.15
Property Sub-Type Other
Property Description
We are pleased to present 722 S Ford Blvd, a 12-unit multifamily investment opportunity in East Los Angeles, located just north of Whittier Blvd off the 710 Freeway. The property features a unit mix of seven one-bedrooms and five two-bedrooms. At the asking price, the property is being offered at a 7.27% CAP rate and 8.22 GRM on current income with an additional 15% rental upside, offering high in-place yield. The property is well-maintained, and ownership has completed significant cap ex items including the exterior paint and facade, new windows, water heater, renovated common area hallways with vinyl-plank flooring and new paint, and renovated interior units include recessed lighting, new flooring, wall AC units, stainless steel appliances, new kitchen cabinetry with backsplashes, and renovated bathrooms. Additional upside achievable through parking in the rear of the property or a potential ADU(s) (Buyer to verify). The property has a secure entrance, and common area laundry with two washers and two dryers, leased to Wash. The property is a half-mile from the Metro L Rail Line, and walking distance to the Metro Local Lines along Ford Blvd and Whittier Blvd. The location offers easy access to the 710, 5, and 60 Freeways for a commute to Downtown Los Angeles, Vernon, Commerce, a
Location
State CA
County Los Angeles
Zoning LCR3
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 5247012005
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Neema Ahadian • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "