www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
21353405
21353406

1006 S Record Ave, Los Angeles, CA 90023

BV
CA 01960943
Anthony Venti Realtors Inc
PV
Listed by Anthony Venti Realtors Inc
$3,500,000
212 days on market
Updated 104 days ago
Opportunity zone

1006 Record Ave

Details
APN 5239-019-042
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,798
Units 12
Cap Rate 4.65%
NOI $162,744
Occupancy 100%
Pro-Forma Cap Rate 8.91%
Pro-Forma NOI $312,000
Price per SqFt $357
Broker Co-Op Yes
Year Built 1980
Buildings 2
Stories 2
Lot Size (SqFt) 17,633
Zoning R-3
Ground Lease No

Multifamily | 12 Units | $291,667/unit

Marketing description

Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles. A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. Encompassing 12 fully occupied units with a mix of six two-bed/two-bath units and four two-bed/one-bath units, with ample land for two parking spaces for each unit, with room to make two additional spaces to can be utilized as guest parking. The property is in a dense residential area of East Los Angeles, one of LA’s oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing to 10006 S Record Avenue. Record Avenue Apartments has hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile. Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi-family asset.

Investment highlights

Gated Complex with 24 spaces. Two Washing Rooms.

Listing Contacts

BV
CA 01960943
Anthony Venti Realtors Inc
PV
Listed by Anthony Venti Realtors Inc

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$162,744.00
$13,562.00/mo

Valuation Metrics

0
DSCR
4.65%
Cap Rate
4.65%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Benjamin Venti
License
01960943
Brokerage
Anthony Venti Realtors Inc.
Title
Real Estate Broker
Brokerage Address
1129 East Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591