722 S Ford Boulevard
Los Angeles, CA 90022
- – beds
- – baths
- – sqft
- 6,657 sqft lot
- 1931 build
- – on site
We are pleased to present 722 S Ford Blvd, a 12-unit multifamily investment opportunity in East Los Angeles, located just north of Whittier Blvd off the 710 Freeway. The property features a unit mix of seven one-bedrooms and five two-bedrooms. At the asking price, the property is being offered at a 6.91% CAP rate and 8.60 GRM on current income with an additional 13% rental upside, offering high in-place yield. The property is well-maintained, and ownership has completed significant cap ex items including the exterior paint and facade, new windows, water heater, renovated common area hallways with vinyl-plank flooring and new paint, and renovated interior units include recessed lighting, new flooring, wall AC units, stainless steel appliances, new kitchen cabinetry with backsplashes, and renovated bathrooms. Additional upside achievable through parking in the rear of the property or a potential ADU(s) (Buyer to verify). The property has a secure entrance, and common area laundry with two washers and two dryers, leased to Wash. The property is a half-mile from the Metro L Rail Line, and walking distance to the Metro Local Lines along Ford Blvd and Whittier Blvd. The location offers easy access to the 710, 5, and 60 Freeways for a commute to Downtown Los Angeles, Vernon, Commerce, and the San Gabriel Valley.
Last checked:
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Last updated Apr 9, 2025
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MLS# 25512843 —
The Building
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Year Built:1931
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New Construction:No
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Building Area Total:7146.00
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Total Number Of Units:12
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:North of Whittier Blvd
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Latitude:34.02479800
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Longitude:-118.17026300
The Property
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Property Type:Residential Income
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Zoning:LCR3*
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Lot Size Area:6657.0000
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Lot Size Acres:0.1528
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Lot Size SqFt:6657.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5247012005
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/8/25
Apr 8, 2025
|
Listed / Active | CRMLS_CA | $2,300,000 | 28.1% (4.1% / YR) |
|
6/25/18
Jun 25, 2018
|
CRMLS_CA | $1,795,000 |
