722 S Ford Boulevard, Los Angeles, CA 90022 - Berkshire Hathaway HomeServices California Properties
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722 S Ford Boulevard, Los Angeles, CA 90022

$2,300,000 Approx. USD 17 beds, 12 baths
7,146 sqft
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Listing Agent


Neema Ahadian | neema@marcusmillichap.com
Lic#: 01346750
Broker: Courtesy of Marcus & Millichap

Agent Remarks

We are pleased to present 722 S Ford Blvd, a 12-unit multifamily investment opportunity in East Los Angeles, located just north of Whittier Blvd off the 710 Freeway. The property features a unit mix of seven one-bedrooms and five two-bedrooms. At the asking price, the property is being offered at a 6.91% CAP rate and 8.60 GRM on current income with an additional 13% rental upside, offering high in-place yield. The property is well-maintained, and ownership has completed significant cap ex items including the exterior paint and facade, new windows, water heater, renovated common area hallways with vinyl-plank flooring and new paint, and renovated interior units include recessed lighting, new flooring, wall AC units, stainless steel appliances, new kitchen cabinetry with backsplashes, and renovated bathrooms. Additional upside achievable through parking in the rear of the property or a potential ADU(s) (Buyer to verify). The property has a secure entrance, and common area laundry with two washers and two dryers, leased to Wash. The property is a half-mile from the Metro L Rail Line, and walking distance to the Metro Local Lines along Ford Blvd and Whittier Blvd. The location offers easy access to the 710, 5, and 60 Freeways for a commute to Downtown Los Angeles, Vernon, Commerce, and the San Gabriel Valley.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25512843
Price: $2,300,000
Beds: 17
Baths: 12
Built in 1931
7,146 sqft
2 stories
0.15 acres
Lot size: 0.1528
County: Los Angeles
Zoning: LCR3*
Parking description: None
Heating/cooling: None
Heating description: None
MLS area: ELA - East Los Angeles

Last Updated: 4/9/2025

 Days On Market (DOM): 72

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This listing belongs to the ELA - East Los Angeles MLS area

Lat/Long: 34.024798, -118.170263.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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