CA > Los Angeles
Los Angeles, CA 90011,2108 Maple Ave
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Los Angeles, CA 90011,2108 Maple Ave
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 3,800,000
Est. payment /mo
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Active

2108 Maple Ave Los Angeles, CA 90011

13 Beds

26 Baths

16,152 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,152 sqft

Price per Sqft $235

MLS Listing ID 25507787

Bedrooms 13

Year Built 1911

Lot Size 8,823 Sqft

Acres 0.2025

Property Sub-Type Multi-Family

Property Description

RENTAL INCOME: $398,892.00 per year / $33,241.00 per month - CURRENT CAP RATE 5.3 % / CURRENT GRM 9.5 Excellent opportunity to acquire a 26-unit apartment building in the Downtown L.A. area just south of the 10 Freeway. This 3-story, 16,152 sq. ft. building resides on an 8,823 sq. ft. corner lot which consists of thirteen 1 bed/1bath units and thirteen studios. The building is currently generating $398,892.00 per year in rental income. Tremendous upside potential that is perfect for the investor looking to add more units to their portfolio at a low $146,154.00 cost per door / $235.26 cost per square foot. The building is well taken care of and all units are mastered metered allowing for 6% yearly rental increases. The property is located several blocks south of the 10 Freeway on an excellent and quiet stretch of Maple Ave and directly across the street from the Santee Education Complex. Excellent on-site management and the asset is positioned in the northwest area in the 90011 zip code 1.5 miles from the Crypto.com Arena. Large 1,000 sq. ft. plus basement that can potentially be used as laundry area. PRO FORMA CAP RATE 7.86 % / PRO FORMA GRM 7.9

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling None

Equipment Cable, Range/Oven, Refrigerator, Phone System

Exterior

Parking Features None

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Ashby & Graff

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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