5245 Via San Delarro Street, Los Angeles, California 90022

$1,995,000

Bedrooms

13

Bathrooms

10

Square Feet

6,820 sqft

City

Los Angeles

Status

Active

We are pleased to present 5245 Via San Delarro, a 10-unit multifamily investment offered at $1,995,000 in the heart of East Los Angeles. The property consists of 7 one-bedroom units and 3 two-bedroom units totaling +/- 6,820 square feet of gross building area on a +/-10,149 square foot lot. The asset features 10 parking spaces, including 9 enclosed parking garage spaces, and an oval-shaped swimming pool, two onsite amenities that meaningfully differentiate it within the surrounding East Los Angeles multifamily inventory. At list price, the asset trades at a 6.39% cap rate, a 9.8 gross rent multiplier, $199,500 per unit and $293 per building square foot. Current ownership has completed a comprehensive capital cycle over the past 24 months, including full electrical panel replacement across all ten units, copper supply line plumbing for the entire building with city inspection passed in late 2025, and interior renovations on multiple units including new kitchens and flooring. A new buyer enters a building where the major capital exposure has already been addressed, leaving only a sewer lateral repair as the remaining known deferred maintenance item. The property sits in the 90022 zip code within the East Los Angeles submarket, an area defined by consistent rental demand, established residential character, and improving transit infrastructure. Residents are minutes from the Metro E Line (formerly the Gold Line) light rail station, providing direct connectivity to Downtown Los Angeles, Little Tokyo, Boyle Heights, and Pasadena. Atlantic Boulevard and Whittier Boulevard serve as the submarket's primary commercial corridors, offering grocery, dining, banking, and daily needs retail within a short drive of the property. East Los Angeles College, the East LA Civic Center, Salazar Park, and Belvedere Park are all in close proximity, and the property benefits from immediate access to the 5, 60, and 710 freeways. The Citadel Outlets in adjacent City of Commerce and the broader Commerce industrial and logistics employment base provide additional regional demand drivers. The East LA submarket recorded $349 million in five plus unit sales volume over the trailing twelve months, signaling consistent institutional and private capital interest in this corridor.