1513 Hendricks Ave - Multi-Family FOR SALE


East Los Angeles, CA 90022
$625,000 USD
213-225-7223
1513 Hendricks Ave, East Los Angeles, CA for Sale
$625,000 USD
Multi-Family - FOR SALE
1/19
null | Request Cap Rate

1513 Hendricks Ave
East Los Angeles, CA 90022


OVERVIEW

We are pleased to present 1513 Hendricks Avenue, a well-located and attractively priced duplex in the heart of East Los Angeles. Both units are currently occupied, offering immediate rental income with substantial value-add potential. Built in 1956, this charming single-story duplex totals approximately 1,464 rentable square feet and sits on a generous 5,597 SF corner lot. Each unit features a two-bedroom, one-bathroom layout, providing a desirable floor plan for renters or owner-occupants. The property also includes a 2-car attached garage, ideal for a potential ADU conversion along with two additional driveway parking spaces. With over 160% upside in rents, this asset presents a compelling opportunity for investors to significantly boost cash flow or for buyers to live in one unit while offsetting mortgage costs with income from the second. Strategically positioned near the 5 Freeway and offering seamless connectivity to Downtown Los Angeles, the710, 60, and 10 Freeways, and nearby neighborhoods such as Boyle Heights, Montebello, and City Terrace, the location supports strong tenant demand. The property also benefits from close proximity to the thriving industrial hubs of Vernon and Commerce, two of Southern California's premier employment centers. Tenants will enjoy walkable access to popular local amenities including Steven's Steak & Seafood House, Il Saggio Italian Restaurant, Starbucks, Tamayo Restaurant & Art Gallery, and the iconic Whittier Boulevard a cultural and commercial cornerstone of East Los Angeles known for its vibrant mix of dining, retail, and entertainment. Whether you're an investor seeking high yield or an owner-user looking to build equity while enjoying East LA's dynamic lifestyle, 1513 Hendricks Avenue is an exceptional opportunity not to be missed. Contact the listing broker for additional details.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$427 USD /SF

# OF UNITS

2

PRICE/UNIT

$312,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,597 SF

ZONING

LCR3

APN/PARCEL ID

6338-021-016

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.