926 Euclid Ave - Apartments FOR SALE


Los Angeles, CA 90023- Boyle Heights
$875,000 USD
818-652-9817
926 Euclid Ave, Los Angeles, CA for Sale
$875,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

926 Euclid Ave
Los Angeles, CA 90023
Boyle Heights


OVERVIEW

Shovel-ready value-add multifamily opportunity at 924 South Euclid Avenue. The property is improved with an existing two-unit duplex in a single structure with shared structural assemblies (stacked configuration) and tenants in place, providing immediate in-place income during development. The offering includes approved RTI (Ready-To-Issue) plans for two identical, fully detached ADUs, along with an approved garage demolition permit. Final building permits have been approved but have not yet been paid, allowing the buyer to pay issuance fees and pull permits directly, significantly reducing entitlement risk and accelerating execution. All plans are approved under the 2022 California Building Codes. Each detached ADU is designed as a 2-bedroom / 2-bathroom unit with full kitchen, in-unit laundry, and dedicated closet space. The ADUs are identical in layout and are assigned independent ½ addresses per approved plans, supporting construction efficiency and long-term operational clarity. This opportunity allows a buyer to expand from an existing duplex to a four-unit configuration while maintaining current rental income throughout the development phase. Ideal for small-scale multifamily developers, builders, or long-term owner-operators seeking a low-entitlement-risk project. Full approved plans available upon request. Buyer to independently verify all plans, permits, zoning, addressing, square footage, utilities, setbacks, tenant matters, and development feasibility with the local Department of Building and Safety and all applicable agencies. Property sold as-is, where-is.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$510 USD /SF

# OF UNITS

2

PRICE/UNIT

$437,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

926 Euclid Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

R-2

APN/PARCEL ID

5189-003-028

ASK ABOUT THIS PROPERTY

Carlos SandovalWestSideInvestments.comMore Info
818-652-9817

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Carlos SandovalWestSideInvestments.comMore Info
818-652-9817

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