Tour
More
1 / 4
2 / 4
3 / 4
2108 MAPLE Avenue, Los Angeles, CA 90011
1
bed
2
baths
16152
ft2
· 8821
ft2 lot
$3,995,000
$247 / ft2
Listing provided courtesy of Billy Rojas, Westside Properties.
Source CRMLS.
RENTAL INCOME: $351,348.00/year - $29,279.00/month. 4.2% CAP RATE - 11.4 GRM. We are pleased to present the opportunity to acquire a 26 unit apartment building in the Downtown L.A. area just south of the 10 Freeway. This 3 story, 16,152 sq. ft. building resides on a 8,821 sq. ft. corner lot which consists of thirteen 1 bed/1 bath units and thirteen singles. The building is currently generating $351,348.00 per year in rental income. This bread and butter building has a tremendous 30% upside potential and is perfect for the investor looking to add more units to their portfolio at a $153,653.84 cost per unit/$247.33 cost per square foot price.The building is well taken care of and all units are mastered metered allowing for 6% RENTAL INCREASES. The property is several blocks south of the 10 Freeway on an excellent and quiet stretch of Maple Ave and directly across the street from the Santee Education Complex. 6.6% PRO FORMA CAP RATE / 9.1 PRO FORMA GRM
HOA
$—/month
On market
1 year
Year built
1911
Property type
Multi-Family
Parking
MLS
20592850
Price / Sq.Ft.
$247 / ft2
Status
Active
Tour this home
Request a free tour of this home
Sunday
16
May
Monday
17
May
Tuesday
18
May
Wednesday
19
May
Thursday
20
May
Friday
21
May
Saturday
22
May
Sunday
23
May
Monday
24
May
Tuesday
25
May
Wednesday
26
May
Thursday
27
May
Friday
28
May
Saturday
29
May
Tour type :
In person
Need a Lyft ride to and from your tour?
Flyhomes Cash Offer
Based on a price of $3,995,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$777/day
$0
Best
Flyhomes Guaranteed Offer
$19,975
- -
$19,975
Better
Discount Brokerage
$15,880
not offered
$15,880
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Appliances: Refrigerator
•   
Has Appliances
Interior Size
•   
Building Area Total: 16152.00
Property, Lot, Community & Exterior Features
Lot Info
•   
Zoning: LAC2
•   
Lot Size Acres: 0.2000
•   
Lot Size Dimensions: 60x147
•   
Lot Size Area: 8821.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 26
Building Info
•   
Stories Total: 3
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 340807.00
•   
Total Expenses: 172620.00
•   
Gross Multiplier: 11.40
Tax/Assessment Info
•   
Gross Income: 351348.00
•   
Tax Year: 2020
•   
Taxes: 43465.0
Lease Info
•   
Net Operating Income: 168187.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1082.00
•   
Unit 2 Total Units: 13
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 155856.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 13
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1253.00
•   
Unit 1 Total Rent: 195492.00
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
Location
•   
Directions: South of Washington Blvd. and East of S. Main St.
Other
Calculation
•   
Dom: 169
•   
Cdom: 535
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 16, 2021 2:38am
Neighborhood snapshot
96
Properties for sale
13
Median days on market
$347.11
Median sold price/sqft
98.50%
Sold/List %
walk-icon}
walk score® :
transit-icon}
transit score® :
bike-icon}
bike score® :
Property History
06/23/2020
06/23/2020
CRMLS #20592850
active
CRMLS #20592850
$3,995,000
+23.30%
07/29/2016
07/29/2016
Public Record
sold
Public Record
$3,240,000
+812.68%
09/30/2013
09/30/2013
Public Record
sold
Public Record
$355,000
--7.79%
12/04/2012
12/04/2012
Public Record
sold
Public Record
$385,000
--75.94%
07/29/2008
07/29/2008
Public Record
sold
Public Record
$1,600,000
Nearby Similar Homes
street view
$4,350,000
1984 Park Grove Avenue
Los Angeles, CA 90007
2 bed
5 bath
 ft²
 · 
4732
 ft²  lot
Recently Sold Nearby
Products
BrokerageMortgageToursTitle & Escrow
Download the Flyhomes App
Equal Housing Opportunity
By searching, you agree to the Terms of Use and Privacy Policy.
California DRE #02012110

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes © 2021