This Multifamily Property is no longer advertised on LoopNet.com.
14625 Nelson Ave
La Puente, CA 91744
5 Units La Puente: 13 GRM | 5+% CAP Rate! · Multifamily Property For Sale · 5 Units
![14625 Nelson Ave, La Puente, CA for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/kQC3k2MSfmLXI0HHXx9oJajtYYfkD8fDJ3LbnPFMLrs/110/14625-Nelson-Ave-La-Puente-CA-Building-Photo-1-Large.jpg)
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 | - |
LINKS
PROPERTY TAXES
Parcel Number | 8210-001-022 | Improvements Assessment | $549,000 |
Land Assessment | $651,000 | Total Assessment | $1,200,000 |
ZONING
Zoning Code | LAR4* |
Listing ID: 30134549
Date on Market: 11/20/2023
Last Updated:
Address: 14625 Nelson Ave, La Puente, CA 91744
The Multifamily Property at 14625 Nelson Ave, La Puente, CA 91744 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
- East Whittier City Apartment Buildings
- Whittier City Apartment Buildings
- Mountain View Apartment Buildings
- El Rancho Apartment Buildings
- La Habra City Apartment Buildings
- Garvey Apartment Buildings
- Downtown Covina Apartment Buildings
- Covina-Valley Apartment Buildings
- Southeast Los Angeles Apartment Buildings
- Koreatown Apartment Buildings
- San Gabriel Valley Apartment Buildings
- Northeast Los Angeles Apartment Buildings
- East Hollywood Apartment Buildings
- Westlake Apartment Buildings
- Central OC West of I-5 Apartment Buildings