Listed by CBRE - South Bay
$4,999,000
An Escape from LA Rent Control & Red Tape!
Details
APN 134-461-34
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,541
Net Rentable (SqFt) 11,541
Units 14
Cap Rate 5.21%
NOI $260,521
Occupancy 93%
Pro-Forma Cap Rate 5.55%
Pro-Forma NOI $277,557
Price per SqFt $433
Year Built 1980
Buildings 2
Stories 2
Lot Size (SqFt) 20,094
Parking Spaces 25 spaces
Parking per 1,000 SqFt 2.17
Investment Type Stabilized
IMMEDIATE RENT UPSIDE (2026 RENT INCREASES DUE IN 11 OF THE 14 UNITS).
Marketing description
Classic, 80's garden-style, walk-up apartment property. Highly walkable to Orangeview Junior High School, across the street, and Holder Elementary down the block, not to mention Cypress College. The property has thrived under long-term ownership and professional management. Five units recently rehabbed as well as a newer roof, put on a few years ago. A 'Steady Eddie' investment option for almost any Buyer-profile, particularly an "LA" owner who wants to own in a much more Landlord-friendly city and county! Immediate rent upside (rent increases due) in 11 of the 14 units!
Investment highlights
- 1980-construction. Eight 1/1s and Six 2/2s.
- 3 Blocks to Cypress College.
- The units boast fireplaces and in-unit AC.
- 2 building asset with ample parking on a massive 20K sq. ft. lot.
Listing Contacts
Listed by CBRE - South Bay
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$260,521.00
$21,710.08/mo
Valuation Metrics
0
DSCR
5.21%
Cap Rate
5.21%
ROI
Map
Zoning
RM-4 ResidentialMulti FamilyMultiple Family Residential
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View all 62 uses
View all 62 uses Last updated Jun 15, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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