816 S Record Avenue, Los Angeles, CA 90023

$2,300,000

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Sold Price
$2,300,000
List Price
$2,495,000
Closing Date
Jul 30, 2026
Status
CLOSED
MLS#
SR26104098
Year Built
2006
Lot Size
8,904
Acres
0.20
Lot Location
6-10 Units/Acre
Days on Market
19
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Offered for the very first time!! GREAT OPPORTUNITY!! FULLY OCCUPIED!! 19 BEDROOMS AND 10 BATHROOMS. This well maintained 10 unit multi family building was built in 2006 and is located in East Los Angeles in a great rental area. Each unit has separate electricity, gas, and water meters. Each unit has its own mini split. TENANTS PAY ALL UTILITIES. Very low maintenance and expenses. The property features 9 LARGE two-bedroom, one-bathroom floor plans, and 1 large one-bedroom one-bathroom unit. On-site coin-operated laundry, and covered parking is available for the tenants use. 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 Whittier Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing. Enjoy hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 close by. Well maintained, with incredible accessibility, 816 Record Avenue is primed to offer an ideal investment opportunity to own a multi-family asset.

Additional Information

Association Amenities
Trash
Pool Description
None
Heat
See Remarks
Cooling
Yes
Cooling Description
See Remarks
View
Neighborhood
Exterior Construction
Stucco
Garage Spaces Total
18
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), High Ceilings, Open Floorplan
Attached Structure
Attached
Number Of Units Total
10
Gross Scheduled Income
$236,400
Operating Expense
27510

Listing courtesy of Listing Agent: Annalee Bauer (annalee.bauer@exprealty.com) from Listing Office: eXp Realty of California Inc.

Listing sold by Annalee Bauer from eXp Realty of California Inc

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.