Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90022 722 S Ford Boulevard

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Presented By: Neema Ahadian with Marcus & Millichap;
  • MLS# 25512843
  • 03/17/2025
  • Request Tour
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  • Beds • 17
  • Baths • 12
  • SQFT • 7,146
  • Year Built • 1931

Home Details

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 7.27% CAP rate and 8.22 GRM on current income with an additional 15% 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.
Presented By: Neema Ahadian with Marcus & Millichap;

Interior Features for 722 S Ford Boulevard

Bedrooms

Total Bedrooms17

Bathrooms

Half Baths0
Total Baths12
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 722 S Ford Boulevard

Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.27
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsNorth of Whittier Blvd
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income267564.0
HOANo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6657.0
Lot Size UnitsSquareFeet
MLS AreaELA - East Los Angeles
MobileHomeRemainsYNNo
Net Operating Income160020.0
New ConstructionNo
Number Of Units Total12
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1931
ZoningLCR3*

Exterior for 722 S Ford Boulevard

Building Area Total7146.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1528
Lot Size Area6657.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
WaterfrontY/NNo

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $2,200,000
MLS#25512843
List Date 03/17/2025
Property Type Multi-Family
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