90022 Homes with Apartment Subtype

Located in the vibrant city of East Los Angeles, zip code 90022 is a sought-after area for those looking to settle down in the heart of California. Situated in Los Angeles County, this zip code offers a diverse range of housing options and a thriving community atmosphere.

One of the notable features of the real estate market in 90022 is the abundance of homes with the apartment subtype. This subtype refers to properties that have an apartment unit or units within the main structure. These homes are ideal for those seeking additional rental income or for extended families looking for separate living spaces under one roof.

The homes with the apartment subtype in 90022 offer various benefits to homeowners. They provide the opportunity to generate passive income by renting out the apartment unit while still enjoying the comfort of living in a single-family home. Additionally, these properties can be an excellent option for multi-generational families, allowing for privacy and independence while maintaining close proximity.

In terms of amenities and services, 90022 is conveniently located near schools, shopping centers, parks, and restaurants. The area also boasts easy access to major highways and public transportation, making commuting a breeze.

Whether you're a first-time homebuyer, an investor, or someone looking for a spacious property to accommodate a large family, the homes with the apartment subtype in 90022 offer a unique and flexible living arrangement. With its desirable location and diverse housing options, this zip code is definitely worth considering for your next real estate venture.

Newest 90022 Homes with Apartment Subtype

$1,950,000

SB26217291 MLS ⋅ Active Status

8% CAP RATE!! 722 S Ford Blvd presents an excellent opportunity to acquire a well- located 12-unit multifamily property in East Los Angeles. The property features a desirable unit mix consisting of (7) 1 Bed/1 Bath Units and (5) 2 Bed/1 Bath Units, currently generating $22,225 in monthly rental income. The asset is currently operating at a 8.05% cap rate and 7.31 GRM, providing investors with stable in-place income and strong cash flow. Priced at just $162,500 per unit and $272 per square foot, the offering presents an attractive basis relative to comparable multifamily assets in the area. Located in East Los Angeles, the property benefits from close proximity to Downtown Los Angeles, surrounding Eastside neighborhoods, and major transportation corridors including Interstate 5, Interstate 10, and Interstate 70, providing residents with convenient access to employment, retail, and entertainment destinations throughout the greater Los Angeles area.

722 S Ford Boulevard, Los Angeles

$2,350,000

WS26128234 MLS ⋅ Active Status

708 Burger Ave presents an excellent opportunity to acquire an eight-unit apartment building in East Los Angeles. This well-kept asset offers reliable income and future growth potential in a high-demand rental market. The property benefits from additional parking income with four rented spaces and strong tenant demand due to its central location near amenities and transportation. With an estimated 5.87% cap rate and 12.44 GRM, this property provides a balanced investment with both cash flow and upside. A low-maintenance building suitable for investors looking to expand their portfolio in a proven rental area.

708 Burger Avenue, East Los Angeles

$1,000,000

PW26048383 MLS ⋅ Active Status

545 Eastmont Ave is a 6-unit apartment building in East Los Angeles, constructed in 1929. The property offers 3,922 rentable square feet on a 6,350 square foot lot. It features a total of (4) one bedroom units and (2) studio units. Located near major thoroughfares like Whittier Boulevard and Atlantic Boulevard, the property is at the heart of East LA, a community known for its rich cultural identity and strong neighborhood ties. The area offers a mix of local retail, schools, public transportation, and amenities, contributing to long-term tenant demand. With easy access to the 60, 5, and 710 freeways, the property is well-connected to Downtown LA, Commerce, Monterey Park, and surrounding cities, making it appealing to commuters. This strategic location supports consistent rental demand and convenient access to nearby employment hubs. The property features a total of (4) one bedroom units and (2) studio units. Studios and one bedroom units are often easier to rent out than larger units, making them less likely to experience vacancy periods. Additionally, they are typically less expensive to maintain and can be a more affordable option for tenants, making them a popular choice in certain markets. 545 Eastmont Ave offers a compelling investment opportunity in a centrally located, supply-constrained market. Its accessibility, strong community presence, and diverse tenant appeal position it for stable income and long-term growth potential.

545 Eastmont Avenue, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

90022 Homes with Apartment Subtype

Newest 90022 Homes with Apartment Subtype

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