MultiFamily Units for Sale at 1822 Bridge Street
$2,230,000
1822 Bridge Street, Los Angeles, CA 90033
6,863 SF
Square Feet
$325
PPSF
10
Units
200.0K
PPU
6.88%
CAP
Property Description
Units
10 — PPU: 200.0K
NOI
$153,482
Cap Rate
6.88%
Three (3) units to be delivered vacant at COE — Potential to vacate two additional units right away for new ownership to renovate and achieve market rents.
8-unit + 2 non conforming units with solid bones (built 1965), offering classic construction and upside via modernization or repositioning.
10 parking spaces plus 1-car garage — potential for ADU, expansion, or redevelopment play (buyer to verify).
Excellent unit-mix of 5 (five) 2Bedroom + 1Bathroom units, four (4) 1bedroom + 1Bathroom units, and 1 (one) Studio unit. Each unit separately metered for electricity and gas.
Excellent location, near White Memorial Hospital with easy FWY access (101, 5, 10); close proximity to all employment hubs that L.A. has to offer
Property Details
Asset Type
MultiFamily
Year Built
1965
Zoning
LARD 1.5
Lot Size
7,566 SF
Neighborhood
Boyle Heights
Submarket
Los Angeles
ZIP
90033
Listing Type
sale
Net Operating Income (NOI)
$243,499
Debt Service Coverage Ratio (DSCR)
1.92x
Cap Rate
10.92%
Cash Flow (Annual)
$116,643
Cash-on-Cash Return
20.92%
Monthly Debt Service
$10,571
Annual Debt Service
$126,856
View on Map
Address
1822 Bridge Street
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Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
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