New construction
$1,950,000
17 bd · 12 ba · · 6,656 sqft lot
722 S Ford Blvd, Los Angeles, CA 90022
Multi-family · Built 1931 ·
$11,943/mo est. payment
- Garage
- 6 cars
Flood factor 1/10
About this home
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.
Facts and features
Bedrooms
- Bedrooms: 17
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 12
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Description: 0-1 Unit/Acre
- Lot Size Acres: 0.1528
- Lot Size Source: Assessor
- Lot Size Square Feet: 6657
Garage and Parking
- Garage Spaces: 6
- Parking Total: 6
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 12
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
Rental Info
- Gross Income: 266701
- Gross Scheduled Income: 266701
- Rent Control: Yes
Amenities and Community Features
- Community Features: Curbs, Urban, Sidewalks, Suburban
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Cap Rate: 8.05
- Source Property Type: Residential Income
- Area: ELA - East Los Angeles
- Source Neighborhood: ELA - East Los Angeles
- Number of Separate Electric Meters: 12
- Number of Separate Gas Meters: 12
Schools
- 7
Ford Boulevard Elementary School
elementary · K-5 · 0.3 mi
- 5
David Wark Griffith Middle School
middle · 6-8 · 0.6 mi
- 6
Boyle Heights Hilda Solis High
high · 9-12 · 1.0 mi
St. Alphonsus School
elementary · K-8 · 0.9 mi
- 6
Arts In Action Community Middle
middle · 6-8 · 0.3 mi
- 7
Humphreys Avenue Elementary School
elementary · K-5 · 0.3 mi
Price history
- Oct 6, 2026 · Listed$1,950,000
- Jul 8, 2026 · Listing Removed—
- Apr 7, 2026 · Listed$2,100,000
- Jul 2, 2025 · Listing Removed—
- May 22, 2025 · Price Changed$2,200,000
- Mar 18, 2025 · Listed$2,300,000
- Jun 26, 2018 · Listing Removed$1,795,000
- Jun 25, 2018 · Sold$1,795,000
Tax history
- 2025$31,052 tax · $2,083,245 assessed
- 2024$30,088 tax · $2,042,398 assessed
- 2023$28,944 tax · $1,963,091 assessed
- 2022$27,701 tax · $1,924,600 assessed
- 2021$27,389 tax · $1,886,864 assessed
- 2020$27,585 tax · $1,867,518 assessed
- 2019$26,618 tax · $1,830,900 assessed
- 2018$17,021 tax · $1,000,000 assessed
Home value
$2,797,902
- Quantarium$2,797,902
- Collateral Analytics$699,000
Where it is
Listed by Aaron Jacobson · Lyon Stahl Investment Re, Inc. · CRMLS
