$1,950,000
 $10,468 est/mo Sourced by Back At You

722 S Ford Boulevard,Los Angeles, CA 90022

Los Angeles, CA 90022

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Description

8% CAP RATE!! 722 S Ford Blvd presents an excellent opportunity to acquire a well- located 12-unit multifamily property in East Los Angeles. The property features a desirable unit mix consisting of (7) 1 Bed/1 Bath Units and (5) 2 Bed/1 Bath Units, currently generating $22,225 in monthly rental income. The asset is currently operating at a 8.05% cap rate and 7.31 GRM, providing investors with stable in-place income and strong cash flow. Priced at just $162,500 per unit and $272 per square foot, the offering presents an attractive basis relative to comparable multifamily assets in the area. Located in East Los Angeles, the property benefits from close proximity to Downtown Los Angeles, surrounding Eastside neighborhoods, and major transportation corridors including Interstate 5, Interstate 10, and Interstate 70, providing residents with convenient access to employment, retail, and entertainment destinations throughout the greater Los Angeles area.

Details

MLS #SB26217291
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1931
Days On Site25
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Aaron Jacobson

Features

SQ Feet7,146
Garage6
Story(s)2
Units12
Building(s)1
Acreage0.15

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Suburban, Sidewalks, Urban

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90022
AreaELA East Los Angeles
Listing VS Median (in 90022)
Price:
$1,950,000
low | high
Med:
$755,000
100% of Average
sqft:
7,146
low | high
Med:
1,352
100% of Average
$ / sqft:
$273
low | high
Med:
$563
56.264697003855% of Average
On site:
25
low | high
Med:
51.5
48.543689320388% of Average
Sourced by Back At You

Market Activity 90022

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Contact

Learn More About This Property

Benjamin Leaskou

Benjamin Leaskou

01754516 (760) 799-4290ben@leaskouhiggins.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90022
AreaELA East Los Angeles
Listing VS Median (in 90022)
Price:
$1,950,000
low | high
Med:
$755,000
100% of Average
sqft:
7,146
low | high
Med:
1,352
100% of Average
$ / sqft:
$273
low | high
Med:
$563
56.264697003855% of Average
On site:
25
low | high
Med:
51.5
48.543689320388% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.462M - $2.437M
sqft: 5,000 - 8,500
Nearby Listings Property ImageNearby Listings Details
708 Burger Avenue Property Photo 1
$2,350,000
708 Burger Avenue
East Los Angeles, CA 90022
Listing Updated: October 6, 2026 at 10:45:54 AM PDT

Benjamin Leaskou - Desert Lifestyle Properties