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Apartments For Sale • 7,146 SF
| The Neema Group of Marcus & Millichap is pleased to present 722 S Ford Blvd, a 12-unit multifamily investment opportunity in East Los Angeles |
| The property features a unit mix of seven one-bedrooms and five two-bedrooms |
| At the asking price, the property is being offered at a 7.03% CAP rate and 8.50 GRM on current income |
| Additional upside achievable through parking in the rear of the property or a potential ADU(s) (Buyer to verify) |
| The property is well-maintained, and ownership has completed significant cap ex items |
| The property has a secure entrance, and common area laundry with two washers and two dryers, leased to Wash |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 9 min | - | 4.1 mi |
| Cal State La Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains) | 13 min | - | 9.7 mi |
| Transit/Subway | Drive | Walk | Distance |
| Maravilla Station (Metro E-Line - Metro - Los Angeles) | 1 min | 12 min | 0.6 mi |
| East La Civic Center (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 25 min | - | 17.0 mi |
| Bob Hope | 29 min | - | 21.3 mi |
| Los Angeles International | 30 min | - | 23.0 mi |
Patricia Escobar
Marcus & Millichap
