530 N Fickett St
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530 N Fickett St
5 Unit Apartment Building $1,150,000 ($230,000/Unit) 5.25% Cap Rate Los Angeles, CA 90033
Executive Summary
This prime mixed-use property located in the heart of Boyle Heights offers a fantastic investment opportunity. The property features four residential units and one retail space. The residential units are comprised of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a solid rental income potential. The retail unit is currently operating as a liquor store, adding a steady commercial revenue stream. Situated in a bustling, high-traffic area, this property benefits from proximity to local amenities, schools, and public transportation. Perfect for investors looking to expand their portfolio in an up-and-coming neighborhood.
Property Facts
| Price | $1,150,000 | Property Subtype | Apartment |
| Price Per Unit | $230,000 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 5,624 SF |
| Cap Rate | 5.25% | Average Occupancy | 100% |
| Gross Rent Multiplier | 10.95 | No. Stories | 2 |
| No. Units | 5 | Year Built | 1930 |
| Property Type | Multifamily | Parking Ratio | 1.42/1,000 SF |
| Price | $1,150,000 |
| Price Per Unit | $230,000 |
| Sale Type | Investment |
| Cap Rate | 5.25% |
| Gross Rent Multiplier | 10.95 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.16 AC |
| Building Size | 5,624 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 1.42/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 2 | - | - |
| 3+1 | 1 | - | - |
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Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (71)
PROPERTY TAXES
| Parcel Number | 5177-026-001 | Improvements Assessment | $221,086 |
| Land Assessment | $236,356 | Total Assessment | $457,442 |
PROPERTY TAXES
Parcel Number
5177-026-001
Land Assessment
$236,356
Improvements Assessment
$221,086
Total Assessment
$457,442
zoning
| Zoning Code | LARD1.5 |
| LARD1.5 |
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530 N Fickett St
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