810 N Eastman Ave, East Los Angeles, CA

Multi-family for Sale - $1,250,000 - 2,727 Sq. Ft. on 0.17 acres


Agent Info

Cristobal Lomeli
Coldwell Banker Commercial Alliance

Property Info

CIMLS#1136095
Location
  810 N Eastman Ave
  East Los Angeles CA 90063
UpdatedDecember 14th, 2022
TypeMulti-family
Price$1,250,000
Building2,727 Sq. Ft.
Land0.17 acres

Property Description

Coldwell Banker Commercial Alliance is proud to present 810 N Eastman Avenue Apartments. This 5 multi family unit complex is in the heart of East Los Angeles. The property has a unit mix of 2 one bedroom units, 2 two bedroom units and 1 three bedroom unit. The asset is currently generating a gross annual scheduled rental income of $77,100.00 and is fully occupied. 4.32% Actual CAP Rate - 5.4% Proforma CAP Rate - Over 25% upside potential in rental income - 2 one bedroom units, 2 two bedroom units and 1 three bedroom unit


Financials



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