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14625 Nelson Ave
La Puente, CA 91744

5 Units La Puente: 13 GRM | 5+% CAP Rate! · Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • LISTED AT $1,150,000
  • (1) 2-Bed/1-Bath & (4) 1-Bed/1-Bath Units
  • Potential ADU Conversion | Tenants Enjoy Onsite Garage & Carport Parking
  • 30+% UPSIDE IN RENTAL INCOME (No Local City Rent Control)
  • 5.17% CAP Rate | 13 GRM | 10,000 Sq. Ft. Lot
  • Ideal Opportunity to Reposition Tenants & Increase Income to 6.8+% Market Cash-on-Cash Return!

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.23 AC
Building Size 2,801 SF
Average Occupancy 100%
No. Stories 2
Year Built 1959
Parking Ratio 5.24/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 $2,000 -
1+1 4 $1,343 -

PROPERTY TAXES

ZONING

Zoning Code LAR4*
  • Listing ID: 30134549

  • Date on Market: 11/20/2023

  • Last Updated:

  • Address: 14625 Nelson Ave, La Puente, CA 91744