Los Angeles, CA 90011,2108 Maple Ave
Los Angeles, CA 90011,2108 Maple Ave
2
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$3,800,000
Est. payment /mo
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13 BD
26 BA
16,152 SqFt
New

2108 Maple Ave Los Angeles, CA 90011

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Roe Valenti S.0190519

UPDATED:

03/08/2025 09:38 PM

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 6.7 % / 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)
Listed by Ashby & Graff

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agent

Roe Valenti S.0190519

REALTOR® | RE.S.0190519

+1(702) 460-5556

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2108 Maple Ave