Executive Summary

The Neema Group of Marcus & Millichap is 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
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The property features a unit mix of seven one-bedrooms and five two-bedrooms
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At the asking price, the property is being offered at a 6.91% CAP rate and 8.60 GRM on current income with an additional 13% rental upside, offering high in-place yield
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The property is well-maintained, and ownership has completed significant cap ex items including the exterior paint and façade, 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

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Additional upside achievable through parking in the rear of the property or a potential ADU(s) (Buyer to verify)
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The property has a secure entrance, and common area laundry with two washers and two dryers, leased to Wash
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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
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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