$1,226,000
3232 S Central, Los Angeles CA 90011
Multi-Family (10 Units)
Property type
66 days
On market
$237
Price per sqft
0 cars
Garage
1924
Year built
4,800 sqft
Lot size
Open Houses
Overview
3232 S. Central Avenue is a 10-unit apartment complex located in South Central Los Angeles. The opportunity consists of an 8-unit property in front constructed in 1924 and a duplex in the rear built in 1930. Each unit is separately metered for gas and electricity. The 2-story apartment building has seen recent capital improvements including upgraded electrical panels. The...
Listing provided by: Andres Diaz DRE #01956479, FACTIO GROUP
Listing updated: Apr 1, 2026 at 12:58am.
Last checked: Jun 5, 2026 at 07:01pm
Source: CRMLS #CV26069068
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 0 | 1 | — | $5,148 | $5,148 | $5,600 | Unfurnished |
| 6 | 1 | 1 | — | $10,662 | $10,662 | $10,350 | Unfurnished |
# of Buildings: 2
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 10
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
6.5x
List Price / Annual Gross Rent
Cap Rate
6.99%
NOI / List Price
Gross Scheduled Income: $189,725
Vacancy Allowance: $5,692
Operating Expense: $98,361
Net Operating Income: $85,673
Annual Operating Expenses
Electric: $500
Gardener: $1,200
Fuel: $4,000
Insurance: $10,523
Licenses: $1,500
Maintenance: $10,000
New Taxes: $14,712
Pest Control: $3,000
Professional Management: $7,361
Supplies: $3,000
Trash: $11,378
Water / Sewer: $31,984
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5114025018
Additional Parcels: No
Tax Lot: 19
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 3232 S Central, Los Angeles, CA 90011. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$980,800
Total Interest
$1,250,956
Total Payment
$2,231,756
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,626
per month
Property History for 3232 S Central
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90011.
Similar Homes
Listings with similar prices to 3232 S Central