Maher Commercial Realty is pleased to announce the successful sale of 5245 Via San Delarro Street, Los Angeles, CA 90022, a 10-unit multifamily investment property that closed at $1,938,000. Nicole Lu and Oron Maher represented the seller in the transaction.
A Multiple-Offer Sale
The listing generated multiple competing offers from buyers drawn to the property’s strong cash flow and solid fundamentals, a clear signal of continued investor demand for well-positioned multifamily assets in East Los Angeles.
Property Highlights
- Vacant Unit at Delivery: The property was delivered with one vacant unit, giving the new owner the immediate ability to capitalize on the area’s consistent rental demand.
- Substantial Lot Size: Situated on a generous 10,149 square foot R4 County-zoned lot, the property offers an excellent land-to-building ratio and significant long-term site utility within a high-density East Los Angeles residential corridor.
- Unit Mix: The property features a mix of 7 one-bedroom units and 3 two-bedroom units, complete with individual garage parking and a swimming pool.
- Value-Add Potential: As a large corner lot with freestanding garages and plentiful outdoor space, the property presents attractive future value-add opportunities for its new owner.
About the Transaction
This sale underscores the continued strength of the multifamily investment market in East Los Angeles, where well-maintained properties with strong fundamentals continue to attract competitive interest from investors. Congratulations to all parties involved in this successful closing.
For more information on multifamily investment opportunities, contact Nicole Lu or Oron Maher.
