2226-2230 Whittier Blvd - Apartments FOR SALE


Los Angeles, CA 90023- Boyle Heights
$3,650,000 USD
714-883-6875
2226-2230 Whittier Blvd, Los Angeles, CA for Sale
$3,650,000 USD
Apartments - FOR SALE
1/13
null | 6.31% Cap Rate

2226-2230 Whittier Blvd
Los Angeles, CA 90023
Boyle Heights


HIGHLIGHTS

  • Boyle Heights Retail & Residential Investment Opportunity
  • 3-Story Building With 3 Retail Units + 18 Apartment Units
  • $230,363 NOI | 6.31% Cap Rate | One Vacant Retail Unit
  • Heavy Pedestrian & Vehicle Traffic Location
  • Just Minutes From DTLA Arts District and All Freeways

OVERVIEW

17,004 SF building consisting of 3 street-level retail units and 18 residential units. Includes 10 onsite parking spaces. Gross annual income of $366,803 with a net operating income of $230,363 (one vacant retail unit). Stable cash flow with growth potential. Seller financing available at 5% interest – contact broker for terms. Heavy pedestrian and vehicle traffic with strong retail visibility. Prime location near Downtown LA, the Arts District, and Little Tokyo. Built in 1913, zoned LA C2. Easy access to I-5, I-10, I-710, and SR-60, as well as Metro bus routes and the Soto Light Rail Station (E Line/Gold Line). Surrounded by local businesses, restaurants, and cultural landmarks. Excellent opportunity for investors seeking diverse income streams, attractive financing, and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$295 USD /SF

# OF UNITS

21

PRICE/UNIT

$173,810

CAP RATE

6.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Seller Financing Avail

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,605 SF

ZONING

LA C2

APN/PARCEL ID

5189-001-018

ASK ABOUT THIS PROPERTY

Jesse McKenzieMajor PropertiesMore Info
714-883-6875

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Jesse McKenzieMajor PropertiesMore Info
714-883-6875

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