1822 Bridge St - Apartments FOR SALE


Los Angeles, CA 90033- Boyle Heights
$2,230,000 USD
909-997-9765
1822 Bridge St, Los Angeles, CA for Sale
$2,230,000 USD
Apartments - FOR SALE
1/30
null | 7% Cap Rate

1822 Bridge St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • Value-Add Opportunity – 3 units delivered vacant at close, with potential for 2 more to be vacated immediately, allowing immediate upside.
  • Strong Unit Mix – Ten total units: five 2-bed/1-bath, four 1-bed/1-bath, and one studio, offering diversified rental demand.
  • Excellent Location – Minutes from White Memorial Hospital and major freeways (101, 5, 10), making it ideal for commuters and healthcare workers.
  • Parking + Potential for ADUs – Ten surface spaces and one garage, with zoning (LARD1.5) that may support expansion or ADU development.
  • Separate Utility Metering – Gas and electricity separately metered, reducing owner operating expenses.
  • Competitive Price per Unit – Offered at $223,000 per unit, making it an attractive entry point for a 10-unit Los Angeles multifamily asset w/Upside

OVERVIEW

Welcome to an exceptional value-add investment opportunity in the heart of Boyle Heights — 1822 Bridge Street, a 10-unit multifamily asset with strong fundamentals and meaningful upside. Key Features: Solid, Class C construction: Built in 1965, the building provides a stable long-term foundation for renovation, modernization, or repositioning. Unit mix optimized for flexibility: The property features 5 two-bedroom / 1-bath units, 4 one-bedroom / 1-bath units, and 1 studio — a well-balanced portfolio. Vacancy / value-add potential: Three units will be delivered vacant at close of escrow. Additionally, two more units may be vacated immediately under new ownership, creating room for renovation to market rents. Parking + expansion upside: Includes 10 surface parking spaces plus a one-car garage. Strong potential for ADU (Accessory Dwelling Unit) development or partial redevelopment — buyer to verify. Strategic location: Minutes from White Memorial Hospital, with immediate access to major freeways (101, 5, and 10), making it convenient for commuters and health-care professionals.

FOR SALE DETAILS

PRICE

$2,230,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

10

PRICE/UNIT

$223,000

CAP RATE

7%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3-units Vacant - Value Add Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,554 SF

ZONING

RD1.5, Los Angeles

APN/PARCEL ID

5174-007-017

ASK ABOUT THIS PROPERTY

Matthew GuerraKW CommercialMore Info
909-997-9765

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Matthew GuerraKW CommercialMore Info
909-997-9765

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