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1006 S Record Avenue

Los Angeles, CA 90023

– beds
– baths
– sqft
8,742 sqft lot
1990 build
– on site

Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles. A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. This property would be an excellent opportunity for owners looking to upgrade to a larger rental property. Encompassing 12 fully occupied units with a mix of six two-bed/two-bath units and four two-bed/one-bath units, with ample land for two parking spaces for each unit, which is very rare in this area. Each 6 unit building can be sold separately for $1,750,000. Each building has one one-bed/bath ,two two/one-bath units and three two/two-bath units. Each building has its owner separate washer and dryer in a common area. The property is in a dense residential area of East Los Angeles, one of LA’s oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing to 1006 S Record Avenue. Record Avenue Apartments has hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile. Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi-family asset.

Listed By CRMLS_CA / Peter Vallier / Benjamin Frank Venti Realty / 949-280-5931

Last checked: Checking… • Last updated Mar 15, 2024 •

MLS# OC24051871 —

The Building

Year Built:

1990
Year Built Source:

Public Records
New Construction:

No
Roof:

Synthetic, Tar/Gravel
Entry Level:

1
Accessibility Features:

2+ Access Exits, Parking
Common Walls:

2+ Common Walls
Building Area Total:

9798.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

12
Stories Total:

2
# of Separate Gas Meters:

12
# of Separate Water Meters:

12
# of Separate Electric Meters:

12

Interior

Features:

2 Staircases
Levels:

Two
Entry Location:

Gate
Fireplace:

No
Fireplace:

None
Laundry:

Community, Dryer Included, Washer Included
Laundry:

1

Location

Directions:

Located off Whittier blvd.
Latitude:

34.02211100
Longitude:

-118.18224500

The Property

Property Type:

Residential Income
Subtype:

Apartment
Property Condition:

Updated/Remodeled
Zoning:

LCR4YY
Lot Features:

Level with Street
Lot Size Area:

8742.0000
Lot Size Acres:

0.2007
Lot Size SqFt:

8742.00
Lot Size Source:

Assessor
View:

None
Fencing:

Average Condition, Wrought Iron
Fence:

Yes
Security Features:

24 Hour Security, Automatic Gate, Gated Community
Road Frontage:

Access Road
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5313.01
Tax Tract:

NA
Tax Lot:

173

The Listing

Buyer's Brokerage Compensation:

2.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

5239019042

Heating & Cooling

Heating:

1
Heating:

Propane
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Available, Electricity Connected, Propane, Water Connected
Sewer:

Unknown
Water Source:

Public

Appliances

Appliances:

Convection Oven, Dishwasher, Gas Oven, Gas Range, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Features:

Curbs, Street Lights
Pool:

None
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Extra Units

Average 1 Bed Area:

625
Average 2 Bed Area:

850

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/14/24 Mar 14, 2024	Listed / Active	CRMLS_CA	$3,500,000

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This multifamily located in Eastside La, East Los Angeles, CA 90023 is currently for sale for $3,500,000. 1006 S Record Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 45 days. 1006 S Record Avenue is in the Eastside La neighborhood of East Los Angeles and has a WalkScore® of 76, making it very walkable. This multifamily is in the attendance area of Eastman Avenue Elementary School, Robert Louis Stevenson Middle School, James A Garfield Senior High School, and Esteban E Torres High School.

Listing Courtesy of: CRMLS_CA and Benjamin Frank Venti Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.