Highlights
This well-located El Sereno offering features an efficient all–two-bedroom unit mix, aligning with current tenant demand and offering significant rental upside in excess of 50%. The property provides strong fundamentals, including full on-site parking with an excellent opportunity to convert existing spaces into multiple ADUs. Recent capital improvements enhance the asset’s stability and reduce near-term expenses, including a completed soft-story seismic retrofit in 2019, replacement of all unit and laundry room electrical subpanels in 2023, and a new roof installed in 2024. The gated and secure property includes an on-site laundry facility for added tenant convenience. The property benefits from excellent access to major commercial corridors such as Alhambra Avenue, Huntington Drive, and Fremont Avenue, along with immediate connectivity to the 710, 10, 110, 60, and 5 freeways. With its strong location, substantial rental upside, and recent improvements, this asset represents a compelling value-add investment opportunity in one of Los Angeles’ rapidly improving Eastside submarkets.
Description
Marcus & Millichap is pleased to present a nine-unit apartment property located at 5033 Templeton Street in Los Angeles, California. The asset is situated in a desirable El Sereno location, south of Huntington Drive and east of Eastern Avenue, within a strong Eastside residential submarket.
Listing Details
- Cap Rate
6.16%
- Space Type
multifamily
- Sub Category
apartments-building
- Date Listed
2/6/2026
- Net Operating Income
$98,601
Property Specifics
- Property Name
5033 Templeton St
- No of Buildings
1
- No of Stories
2
- No of Units
9
- Year Built
1965
- Building Size
7,004 SF
- Lot Size
8,862 SF
- Zoning
LARD3