For Sale
$1,695,000

10136 Silverton AveLos Angeles, CA 91042

5-Unit Apartment Building, 4.61% Cap Rate

Overview

Added:
Feb 13
Days on market:
49
This exceptional five-unit apartment building presents a compelling investment opportunity in Los Angeles, CA. Located at 10136 Silverton Ave, 91042, this two-story, 5,120 square foot complex boasts a desirable unit mix: one 2-bedroom/1-bathroom, two 2-bedroom/1.5-bathroom, and two 3-bedroom/2-bathroom units. Built in 1964 and situated on a 6,573 square foot lot, the property offers ample space and parking for ten vehicles. The building features an open floor plan in each unit, providing spacious living areas and abundant natural light. Benefiting from a completed soft-story retrofit and already implemented pass-throughs, this property minimizes future expenses and ensures compliance. Its prime location just north of Foothill Boulevard provides convenient access to local shops and restaurants. The property's strong financial performance is highlighted by a 4.61% cap rate and a Net Operating Income (NOI) of $78,065, reflecting stable tenancy and consistent cash flow. This well-maintained property is easy to manage and represents a significant value at an asking price of $1,695,000 ($331.05/sq ft). The scenic environment and proximity to a local school further enhance its appeal. This is an ideal investment for those seeking a stable, high-performing asset in a desirable Los Angeles location.

Highlights

  • $1,695,000 asking price for this five-unit apartment building.
  • 5,120 square feet, offering a price per square foot of $331.05.
  • 4.61% cap rate with a Net Operating Income (NOI) of $78,065.
  • Five units in a two-story building, constructed in 1964, situated on a 6,573 square foot lot.
  • Ten parking spaces available.
  • The property features a mix of 2 bed/1 bath, 2 bed/1.5 bath, and 3 bed/2 bath units; soft-story retrofit completed.

Property Details for 10136 Silverton Ave

Property type
Apartment buildings
Square Feet
5,120 SF
Year Built
1964
Buildings
1
Stories
2
Units
5

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.2531171
Longitude
-118.2840132
10136 Silverton Ave, Los Angeles, California

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10136 Silverton Ave
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