This Multifamily Property is no longer advertised on LoopNet.com.

2201-2229 S Eastern Ave
Commerce, CA 90040

Multifamily Property For Sale · 36 Units

INVESTMENT HIGHLIGHTS

  • First Time on the Market - Purchased From Developer
  • Just Over $200k/u and Approximate 9% Cap Rate on Market Rents
  • Majority Spacious 2 Bedroom Units with Gated Parking
  • Situated on Major Thoroughfare with Substantial Frontage

PROPERTY FACTS

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.68 AC
Building Size 29,172 SF
No. Stories 2
Year Built 1960
Parking Ratio 1.03/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 13 $1,094 725
2+1 22 $1,212 845
3+1 1 $2,500 1,050

PROPERTY TAXES

ZONING

Zoning Code CMR3YY
  • Listing ID: 29981763

  • Date on Market: 11/6/2023

  • Last Updated:

  • Address: 2201-2229 S Eastern Ave, Commerce, CA 90040