757 Leonard Ave - Apartments FOR SALE


Los Angeles, CA 90022
$935,000 USD
707-332-5204
757 Leonard Ave, Los Angeles, CA for Sale
$935,000 USD
Apartments - FOR SALE
1/10
null | 4.61% Cap Rate

757 Leonard Ave
Los Angeles, CA 90022


HIGHLIGHTS

  • 5 units with charming Spanish-style architecture and timeless curb appeal and within walking distance to Whittier Blvd’s shops and restaurants
  • First time on the market in over 20 years
  • Electrical system has been upgraded, including the installation of new panels
  • 10 on-site parking spaces, providing ample parking for tenants
  • Strong value-add opportunity with over 70% projected upside in rents
  • Potential opportunity to build an ADU at the rear of the property (buyer to verify)

OVERVIEW

This five-unit property showcases timeless Spanish-style architecture and exceptional curb appeal, offered for the first time in over 20 years. The electrical system has been upgraded with new panels installed, and the property features 10 on-site parking spaces, providing ample parking for tenants. With over 70% projected upside in rents, this is a strong value-add opportunity, further enhanced by potential to build an ADU at the rear of the property (buyer to verify). Ideally located within walking distance to Whittier Blvd’s vibrant shops, restaurants, and everyday amenities, the property offers both immediate stability and long-term growth potential.

FOR SALE DETAILS

PRICE

$935,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

5

PRICE/UNIT

$187,000

CAP RATE

4.61%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,774 SF

ZONING

LCR305

APN/PARCEL ID

5332-024-006,6342-033-019

ASK ABOUT THIS PROPERTY

Tyler FarrarKW Commercial Beverly HillsMore Info
707-332-5204

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Tyler FarrarKW Commercial Beverly HillsMore Info
707-332-5204

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