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3537 Siskiyou St
Los Angeles, CA 90023
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Solid Boyle Heights Location
- 60% Two-Bedroom Units
- Vacant Garage in the Rear - Excellent ADU Opportunity
- Excellent Rental Upside Potential (+115%)
- Bungalow-Style Units
- On-Site Parking Available
Executive Summary
Marcus and Millichap is pleased to present a five (5) unit apartment building located at 3537 Siskiyou St in Los Angeles, California. The subject property is located in a solid Boyle Heights location, just south of Whittier Blvd and west of Indiana St.
Located in Boyle Heights, this bungalow-style multifamily property offers a compelling investment opportunity with approximately 115% rental upside. The unit mix consists of two one-bedroom and three two-bedroom units, with 60% being two-bedroom layouts, appealing to a broad tenant base. A vacant rear garage presents strong ADU potential, further enhancing value-add opportunities. The property includes on-site parking and benefits from a central location with dominant access to major commercial corridors including Whittier Blvd, Indiana St, and Olympic Blvd, as well as convenient connectivity to the 5, 60, 101, and 710 freeways. Nearby amenities include parks, retail, dining, and the Metro E Line, providing excellent accessibility throughout Los Angeles.
Overall, the offering presents a compelling investment opportunity driven by significant rental upside, a desirable unit mix, strong ADU potential, on-site parking, and a well-connected Boyle Heights location.
For OM, please visit: https://www.lamultifamilydeals.com/properties/3537-siskiyou-st
Located in Boyle Heights, this bungalow-style multifamily property offers a compelling investment opportunity with approximately 115% rental upside. The unit mix consists of two one-bedroom and three two-bedroom units, with 60% being two-bedroom layouts, appealing to a broad tenant base. A vacant rear garage presents strong ADU potential, further enhancing value-add opportunities. The property includes on-site parking and benefits from a central location with dominant access to major commercial corridors including Whittier Blvd, Indiana St, and Olympic Blvd, as well as convenient connectivity to the 5, 60, 101, and 710 freeways. Nearby amenities include parks, retail, dining, and the Metro E Line, providing excellent accessibility throughout Los Angeles.
Overall, the offering presents a compelling investment opportunity driven by significant rental upside, a desirable unit mix, strong ADU potential, on-site parking, and a well-connected Boyle Heights location.
For OM, please visit: https://www.lamultifamilydeals.com/properties/3537-siskiyou-st
Property Facts
| Price Per Unit | $184,950 CAD | Property Type | Multifamily |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 4.33% | Building Size | 3,106 SF |
| Gross Rent Multiplier | 11.9 | No. Stories | 1 |
| No. Units | 5 | Year Built | 1922 |
| Zoning | LARD1.5 | ||
| Price Per Unit | $184,950 CAD |
| Sale Type | Investment |
| Cap Rate | 4.33% |
| Gross Rent Multiplier | 11.9 |
| No. Units | 5 |
| Property Type | Multifamily |
| Lot Size | 0.19 AC |
| Building Size | 3,106 SF |
| No. Stories | 1 |
| Year Built | 1922 |
| Zoning | LARD1.5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 3 | - | - |
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