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2108 Maple Ave

2108 Maple Ave Los Angeles, CA 90011

Multi-Family (2-4 Units) MLS #: 25507787 Courtesy Of Ashby & Graff

$3,800,000

13 beds | 16,152 sq ft
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Estimated monthly payments: $16,611/mo.* (recalculate)
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Property InformationDescription

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 6.7 % / PRO FORMA GRM 7.9
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Lot Size: 0.2 Acres

MAP & DIRECTIONS

MAP & DIRECTIONS

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2108 Maple Ave, Los Angeles, CA 90011
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School Information

2108 Maple Ave, Los Angeles, CA 90011

Elementary School
Grades PK-5 | Public School
SAN PEDRO STREET ELEMENTARY
Los Angeles, CA 90015
1635 S San Pedro St
213.­747.9538
Distance: 0.3 mi
School Rating
C-
Student:Teacher Ratio
20:1
Total Students
553
Middle School
Grades 6-8 | Public School
JOHN ADAMS MIDDLE SCHOOL
Los Angeles, CA 90007
151 W 30th St
213.­745.3700
Distance: 0.6 mi
School Rating
B-
Student:Teacher Ratio
19:1
Total Students
829
High School
Grades 9-12 | Public School
NAVA COLLEGE PREPARATORY ACADEMY
Los Angeles, CA 90011
1319 E 41st St
323.­235.6800
Distance: 1.4 mi
School Rating
C
Student:Teacher Ratio
22:1
Total Students
645
High School
Grades 9-12 | Public School
THOMAS JEFFERSON HIGH SCHOOL
Los Angeles, CA 90011
1319 E 41st St
323.­521.1200
Distance: 1.4 mi
School Rating
D
Student:Teacher Ratio
20:1
Total Students
720
High School
Grades 9-12 | Public School
MAYA ANGELOU COMMUNITY HIGH SCHOOL
Los Angeles, CA 90011
300 E 53rd St
323.­846.4600
Distance: 2.3 mi
School Rating
D-
Student:Teacher Ratio
21:1
Total Students
1044
High School
Grades 9-12 | Public School
SANTEE EDUCATION COMPLEX
Los Angeles, CA 90011
1921 Maple Ave
213.­763.1000
Distance: 0.1 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
1762
Other Nearby Schools Distance Type Grades School Rating
Frida Kahlo High School 0.2 mi Public 9-12 D-
Youthbuild Charter School Of California 0.4 mi Public 9-12 D
Orthopaedic Hospital 0.5 mi Public 9-12 A
Early College Academy-la Trade Tech College 0.6 mi Public 9-12 B+
28th Street School 0.6 mi Public KG-5 C-
Tri-c Community Day 0.6 mi Public 7-12 D-
Central High School 0.6 mi Public 9-12 D
Dolores Huerta Elementary School 0.6 mi Public KG-5 B
New Designs Charter 0.8 mi Public 6-12 B-
St Turibius School 0.8 mi Private KG-8
St Vincent School 0.8 mi Private KG-8
20th Street Elementary School 0.8 mi Public KG-5 C
Star Christian School 0.8 mi Private PK-5
Alliance Dr. Olga Mohan High School 0.9 mi Public 9-12 A-
Quincy Jones Elementary 0.9 mi Public KG-5 D
Synergy Charter Academy 0.9 mi Public KG-5 B
Maple Primary Center 0.9 mi Public PK-1
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90011

Median Age: 32.1
Married: 43%
Number of Households: 21,979
Households with Children: 55.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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