Los Angeles, CA 90023
Los Angeles, CA 90023
Los Angeles, CA 90023
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Benjamin F Venti • Benjamin Frank Venti Realty
$3,300,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC-26171194

Year Built 1990

Tax Year 2024

Property Sub-Type Multi Family

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles. A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor or owner to occupy and lease out. Encompassing 12 fully occupied units with a mix of six two-bed/two-bath units and four two-bed/one-bath units, with ample land for two parking spaces for each unit, with room to make two additional spaces to can be utilized as guest parking. The property is in a dense residential area of East Los Angeles, one of LA's oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing to 10006 S Record Avenue. Record Avenue Apartments has hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile. Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi-family asset.

Location

State CA

County Los Angeles

Interior

Laundry Common Area, Dryer Included, Washer Included

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available

Building

Lot Description Level, Lot 10000-19999 Sqft, Near Public Transit

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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