Description
A five-unit multifamily investment opportunity in Los Angeles’ El Sereno neighborhood, adjacent to South Pasadena. Built in 2004, the 4,704-square-foot property offers three three-bedroom residences and two four-bedroom residences on an approximately 6,890-square-foot lot. The building is fully occupied, and each unit is separately metered for gas, electricity, and water.
Select residences have been renovated and include in-unit washers and dryers. On-site parking, controlled access, and convenient connections to Huntington Drive, Alhambra Avenue, and regional freeways support resident accessibility. The property is positioned near El Sereno Park, Cal State LA’s Metrolink station, and neighborhood retail and dining.
The offering combines newer 2004 construction, a family-oriented unit mix, separately metered utilities, and an established infill location. Any potential for additional development or accessory dwelling units remains subject to independent buyer verification and applicable approvals.
Offering Summary
- Asking Price$1,699,000
- Price PSF$361.18
- Price/Unit$339,800
- Property TypeMultifamily
- Size4,704 SF
- Occupancy100%
- Properties5 Units
- Built2004
- Total Acres~0.16 ac
Sale Details
- Cap Rate8.56%
- NOI$145,485
- GRM10.08
Documents
Property Address
Property Details
- Square Feet
4,704 SF - Property Type
Multifamily - Total Units
5 - Occupancy
100% - Year Built
2004 - Acres
0.16 - Zoning
RD1.5-1D-HCR - APN
5309-001-027
Deal Team



