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2710 Queen St
Los Angeles, CA 90039
Queen Street 4-Unit · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Prime Frogtown Location: Situated in high-demand Elysian Valley near the LA River bike path.
- Strategic Portfolio Opportunity: Available individually or as a package with the adjacent property at 2714 Queen St.
- Turnkey Infrastructure: Features updated copper plumbing and electrical panel upgrades
Executive Summary
Rare opportunity to acquire a well-maintained 4-unit multifamily asset in the heart of Elysian Valley (Frogtown). This fully occupied property features four spacious 2-bedroom, 1-bathroom units with functional layouts and recent capital improvements, including updated copper plumbing and electrical. Ideal for a classic buy-and-hold investor looking for immediate cash flow in a high-growth Los Angeles neighborhood.
Property Facts
| Price Per Unit | $163,694 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 3.57% | Building Size | 3,538 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 14.7 | No. Stories | 2 |
| No. Units | 10 | Year Built | 1964 |
| Property Type | Multifamily | Parking Ratio | 1.13/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | LAR2. - LAR2 - Low Density Multiple Dwelling. | ||
| Price Per Unit | $163,694 CAD |
| Sale Type | Investment |
| Cap Rate | 3.57% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 14.7 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,538 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.13/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR2. - LAR2 - Low Density Multiple Dwelling. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $2,685 CAD | 900 |
Property Taxes
| Parcel Number | 5442-011-036 | Improvements Assessment | $470,299 CAD |
| Land Assessment | $1,416,407 CAD | Total Assessment | $1,886,706 CAD |
Property Taxes
Parcel Number
5442-011-036
Land Assessment
$1,416,407 CAD
Improvements Assessment
$470,299 CAD
Total Assessment
$1,886,706 CAD
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