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28320655
28320656

2710 queen st, los angeles, CA 90039

eXp Realty
Listed by eXp Realty
$1,199,999
206 days on market
Updated 65 days ago
Opportunity zone

2710 Queen Street | Los Angeles, CA 90039

Details
APN 5442011036
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,538
Net Rentable (SqFt) 3,538
Units 4
Cap Rate 3.24%
NOI $38,865
Occupancy 100%
Pro-Forma Cap Rate 6.03%
Pro-Forma NOI $72,417
Price per SqFt $339
Class C
Year Built 1964
Year Renovated 2019
Buildings 1
Stories 2
Lot Size (SqFt) 5,453
Zoning Buyer to Verify
Parking Spaces 4 per unit
Investment Type Value Add
Ownership Fee simple

100% Occupied 4-Unit Multifamily | All 2BD/1BA | Frogtown

Marketing description

2710 Queen Street is a fully occupied four-unit multifamily property located in the Elysian Valley (Frogtown) neighborhood of Los Angeles. The property consists exclusively of four (4) two-bedroom, one-bathroom units, a unit configuration that continues to support strong and consistent tenant demand in the submarket.

The asset generates stable in-place income and has been maintained over time. Building features include separately metered gas and electric, a shared water meter, carport parking, copper plumbing, and upgraded electrical components. The property also features a gated front yard and a recently resurfaced driveway, providing private parking access for tenants.

The location offers convenient access to Downtown Los Angeles, Echo Park, Silver Lake, Glendale, and Pasadena, along with proximity to the Los Angeles River bike path, local retail corridors, and major transportation routes. Elysian Valley remains a supply-constrained rental corridor with ongoing public and private investment.

Interior access is available after accepted offer only. Buyer to independently verify all information, including income, expenses, zoning, and property details, during the due diligence period.

Investment highlights

Property Highlights – 2710 Queen Street

  • Fully occupied 4-unit multifamily property

  • All units configured as 2BD / 1BA

  • Stable in-place income

  • Separately metered gas and electric

  • Shared water meter

  • Carport parking for tenants

  • Copper plumbing

  • Upgraded electrical components

  • Gated front yard

  • Recently resurfaced driveway

  • Drive-by only; interior access after accepted offer

  • Buyer to verify all information during due diligence


Area Highlights – Elysian Valley (Frogtown)

  • Centrally located Los Angeles neighborhood

  • Proximity to Downtown LA, Echo Park, Silver Lake, Glendale, and Pasadena

  • Direct access to the Los Angeles River bike path

  • Ongoing public infrastructure and riverfront improvements

  • Strong renter demand due to central location and lifestyle amenities

  • Limited multifamily inventory relative to demand

  • Convenient access to major freeways and employment centers

Listing Contacts

eXp Realty
Listed by eXp Realty

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Loan Amount
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Annual Cash Flow
$38,865.00
$3,238.75/mo

Valuation Metrics

0
DSCR
3.24%
Cap Rate
3.24%
ROI

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*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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