A narrow pathway at 945 n beaudry ave lined with greenery, leading to colorful apartments under a bright blue sky.

Closed Listing

8 Units in Chinatown with 32% Rental Upside

945 n beaudry ave

sold in

Chinatown

8

Number of Units

1968

Year Built

6,810

SF

Square Footage

6,974

SF

Lot Size

LAR3

Zoning

945 N Beaudry Ave, Los Angeles, CA 90012

About the Property

945 N Beaudry Ave is an eight-unit Los Angeles multifamily property located in the heart of Chinatown, a neighborhood undergoing a steady wave of redevelopment and cultural revitalization. Offered for the first time by the original developer’s family, this two-story 1984 construction presents investors with an opportunity to acquire a well-located, value-add asset in one of the most dynamic submarkets of Los Angeles.

Comprised of (1) three-bedroom, two-bath townhouse unit and (7) two-bedroom, one-bath units, the property spans 6,974 square feet and sits on a 6,749 square foot lot. Four of the eight units will be delivered vacant upon close of escrow, providing immediate lease-up potential and repositioning opportunity. Current rents are approximately 32 percent below market compared to updated Chinatown multifamily units, leaving considerable room for rental upside through interior renovations and unit turnover.

945 N Beaudry Ave is not subject to the City of Los Angeles Rent Stabilization Ordinance due to its 1984 construction date. Under AB 1482, annual rent increases remain viable for long-term income growth. Additional features include a gated front entry, surface parking, and strong unit layouts that average over 870 square feet. Tenants benefit from quick access to the 110 and 101 Freeways, Metro Gold Line, and surrounding employment centers in Downtown Los Angeles, the Arts District, and Echo Park.

With its desirable unit mix, vacancy at close, and below-market rents, 945 N Beaudry Ave offers a compelling investment opportunity for buyers targeting stabilized returns and future appreciation in a transit-rich, gentrifying corridor. Investors seeking Chinatown multifamily assets with long-term upside and flexible rent control positioning will find this offering well-suited for their portfolio strategy.

8

Number of Units

1968

Year Built

6,810

SF

Square Footage

6,974

SF

Lot Size

LAR3

Zoning

945 N Beaudry Ave.
Northeast LA

Offering Price

$2,100,000

Number of Units

8 Units

Price per. Unit

$262,500

Bldg. Size

6,810 SF

Price per Foot

$$308

Lot Size

6,974 SF

Year Built

1968

Current CAP

5.30%

Market CAP

7.69%

Zoning

LAR3

Price P/ Unit

$262,500

Price p/ Sq. ft.

$$308

Proforma Cap Rate

7.69%

Contact

Sales agent

A sloped street featuring an apartment building at 945 n beaudry ave, in a sunny neighborhood with clear blue skies.
A sloped street featuring an apartment building at 945 n beaudry ave, in a sunny neighborhood with clear blue skies.
A sloped street featuring an apartment building at 945 n beaudry ave, in a sunny neighborhood with clear blue skies.
A sloped street featuring an apartment building at 945 n beaudry ave, in a sunny neighborhood with clear blue skies.
A view of a parking area at 945 n beaudry ave, with several cars and a building in the background under a clear blue sky.
A view of a parking area at 945 n beaudry ave, with several cars and a building in the background under a clear blue sky.
A view of a parking area at 945 n beaudry ave, with several cars and a building in the background under a clear blue sky.
A view of a parking area at 945 n beaudry ave, with several cars and a building in the background under a clear blue sky.
A spacious, living room at 945 n beaudry ave, with dark wood flooring and a partially visible kitchen area in the background.
A spacious, living room at 945 n beaudry ave, with dark wood flooring and a partially visible kitchen area in the background.
A spacious, living room at 945 n beaudry ave, with dark wood flooring and a partially visible kitchen area in the background.
A spacious, living room at 945 n beaudry ave, with dark wood flooring and a partially visible kitchen area in the background.
A spacious bedroom at 945 n beaudry ave, with wooden flooring and a large dark wood cabinet along one wall. Simple decor.
A spacious bedroom at 945 n beaudry ave, with wooden flooring and a large dark wood cabinet along one wall. Simple decor.
A spacious bedroom at 945 n beaudry ave, with wooden flooring and a large dark wood cabinet along one wall. Simple decor.
A spacious bedroom at 945 n beaudry ave, with wooden flooring and a large dark wood cabinet along one wall. Simple decor.

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.