Listed by Lyon Stahl Investment Real Estate
$1,175,000
10605 Buford Ave
Details
APN 4038026013
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,195
Units 5
Cap Rate 6.32%
NOI $74,290
Tenancy Multi
Pro-Forma Cap Rate 8.11%
Pro-Forma NOI $95,275
Price per SqFt $280
Year Built 1957
Buildings 3
Stories 1
Acreage 0.292
Zoning Public Rec
Parking Spaces 5 spaces
Parking per 1,000 SqFt 1.19
Multifamily | 5 Units | $235,000/unit
Marketing description
This five-unit apartment property in Lennox (Unincorporated Los Angeles County) consists of approximately 4,195 square feet situated on a 12,737 square foot lot. Built in 1957, the property features an attractive unit mix of four 2-bedroom/1-bathroom units and one 3-bedroom/2-bathroom unit. Offered at a 6.32% Current CAP Rate and 10.80 Current GRM, the property presents investors with the opportunity to acquire a well-located multifamily asset. The property offers strong income growth potential, achieving a projected 8.11% Market CAP Rate and 8.60 Market GRM. The property includes five garages with remote controlled electric garage door openers and has private yard areas for the front and rear units. These features enhance tenant appeal and contribute to the long-term desirability of the asset. Conveniently located near LAX, major transportation corridors, retail amenities, and employment centers throughout the South Bay and greater Los Angeles area, this offering presents an attractive opportunity to acquire a multifamily investment with strong in-place income and future upside potential.
Investment highlights
- Property is Situated on a Large 12,737 SF Lot with 4,195 SF of Building Area
- Low Utility Overhead - Ownership Recovers Water/Sewer Costs, With Tenants Responsible for All Utilities Except Trash
- Five Garages - All Garages Feature Remote Controlled Electric Garage Door Openers
- Front and Rear Units Feature Private Yard Areas
- Convenient Access to LAX, Major Employment Centers, Retail Amenities, and Freeways
- Great Unit Mix: (4) 2-Bedroom/1-Bath Units & (1) 3-Bedroom/2-Bath Unit
- 6.32% Current CAP Rate | 10.80 Current GRM
- Great Upside with a Projected 8.11% Market CAP Rate & 8.60 Market GRM
Listing Contacts
Listed by Lyon Stahl Investment Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,290.00
$6,190.83/mo
Valuation Metrics
0
DSCR
6.32%
Cap Rate
6.32%
ROI
Map
Zoning
R-2 ResidentialTwo FamilyTwo Family Residence
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View all 116 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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