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5137 Union Pacific Ave
East Los Angeles, CA 90022

$1,300,000 USD

Apartments For Sale  •  6,154 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,154 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1947
  • Cap Rate 6.70 %
  • Zoning LCR4YY
58 Transit Score
86 Walk Score

Highlights

6-Unit Value Add Opportunity in East Los Angeles: Excellent 6-unit value add opportunity in East LA with current rents approximately 32% under market
Excellent Metrics: Low price per foot ($211.24/ft) / 6.7% cap rate and 10.06 GRM on current rents
Favorable Unit Mix: Excellent unit mix consisting of (4) two-bedroom/one-bathroom units and (2) three-bedroom/one and one-half bathroom units
Unincorporated LA County Location: Property is subject to LA County rent control law (not LA City) as it is located in an unincorporated section of LA
Walk Score 86: Property has Walk Score of 86 (very walkable) as it is just a few blocks from restaurants, cafes and coffee shops
Proximity to 5, 710 and 60 Freeways: Conveniently located near the 5, 60 and 710 freeways providing easy access to Downtown LA, the San Gabriel Valley
Cap Rate: 6.70 %

Public Transportation

Commuter RailDriveWalkDistance
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.2 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 2.8 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 26 min - 16.7 mi
Bob Hope 29 min - 21.9 mi
Los Angeles International 31 min - 22.7 mi
Matt Ziegler 818-212-2738 Marcus & Millichap
Matt Ziegler 818-212-2738 Marcus & Millichap