$2,495,000
816 S Record Avenue, Los Angeles CA 90023
Multi-Family (10 Units)
Property type
19 days
On market
$317
Price per sqft
18 cars
Garage
2006
Year built
8,904 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Annalee Bauer DRE #02032556, eXp Realty of California Inc
Listing updated: May 18, 2026 at 04:56am.
Last checked: Jun 3, 2026 at 11:31pm
Source: CRMLS #SR26104098
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,500 | $1,500 | $0 | Unfurnished |
| 7 | 2 | 1 | — | $2,000 | $12,000 | $0 | Unfurnished |
| 2 | 2 | 1 | — | $2,100 | $4,200 | $0 | Unfurnished |
# of Buildings: 1
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 10
Separate Water Meters: 10
Rent Control: No
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
10.6x
List Price / Annual Gross Rent
Cap Rate
8.37%
NOI / List Price
Gross Scheduled Income: $236,400
Vacancy Allowance: $0
Operating Expense: $27,510
Net Operating Income: $208,890
Annual Operating Expenses
Furniture Replacement: $0
Gardener: $1,020
Insurance: $15,924
Maintenance: $9,272
Pool: $0
Professional Management: $0
Supplies: $0
Trash: $0
Water / Sewer: $4,307
Workers Comp: $0
Interior
Interior Features: Ceiling Fans, High Ceilings, Open Floor Plan
Flooring: Tile
Fireplace: None
Laundry: Common Area, In Garage
Accessibility: Accessible Approach With Ramp
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Construction Materials: Stucco
Property Condition: Updated Remodeled, Turnkey
Common Walls: Two Common Walls Or More
Security Features: Smoke Detectors
Lot Features: Six To Ten Units Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
View: Neighborhood
Garage and Parking
Parking: Carport
Garage Spaces: 18
Parking Total: 18
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5239021009
Additional Parcels: No
Tax Lot: 27
Community
HOA: No
HOA Fee: $0
HOA Amenities: Trash
Senior Community: No
Community Features: Curbs, Gutters, Sidewalks
Nearby Schools
Nearby schools around the 816 S Record Avenue, Los Angeles, CA 90023. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,996,000
Total Interest
$2,545,788
Total Payment
$4,541,788
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,365
per month
Property History for 816 S Record Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90023.
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