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Multifamily

7442-7450 Vineland Ave

7442 Vineland Ave, Los Angeles, CA 91352

Listing Price: $6,295,000

Cap Rate
5.30%
Number of Units
33
GRM
9.92
Price/Unit
$190,758
Price/Gross SF
$259.18
Gross SF
24,288

Investment Overview

Marcus & Millichap is pleased to present 7442 & 7450 Vineland Avenue, a 33-unit multifamily investment opportunity in Sun Valley, California. The offering consists of two adjacent properties totaling approximately 24,288 SF on 41,013 SF of land, with 33 parking spaces and separately metered gas, water, and electricity. The diversified unit mix includes 7 studios, 16 one-bedroom units, 2 two-bedroom units, 5 three-bedroom units, and 3 four-bedroom units, providing a rare concentration of larger family-oriented units. Ownership has completed significant capital improvements, including a new roof, new boiler, and copper plumbing throughout.

Investment Highlights

  • Rare Two-Property Portfolio
  • Recent Capital Improvements
  • Proximity to Transit
  • Attractive Profile for Value-Add
  • Strong Occupant Base
  • Ample Parking
  • Exceptional, Rare Large-Unit Mix

Exclusively Listed By

Multifamily

7442-7450 Vineland Ave

Listing Price: $6,295,000

Cap Rate
5.30%
Number of Units
33
GRM
9.92
Price/Unit
$190,758
Price/Gross SF
$259.18
Gross SF
24,288

Investment Highlights

  • Rare Two-Property Portfolio
  • Recent Capital Improvements
  • Proximity to Transit
  • Attractive Profile for Value-Add
  • Strong Occupant Base
  • Ample Parking
  • Exceptional, Rare Large-Unit Mix

Investment Overview

Marcus & Millichap is pleased to present 7442 & 7450 Vineland Avenue, a 33-unit multifamily investment opportunity in Sun Valley, California. The offering consists of two adjacent properties totaling approximately 24,288 SF on 41,013 SF of land, with 33 parking spaces and separately metered gas, water, and electricity. The diversified unit mix includes 7 studios, 16 one-bedroom units, 2 two-bedroom units, 5 three-bedroom units, and 3 four-bedroom units, providing a rare concentration of larger family-oriented units. Ownership has completed significant capital improvements, including a new roof, new boiler, and copper plumbing throughout.

Exclusively Listed By

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