928 S Record Ave

The Tuvia Group closed this three-unit East Los Angeles property for $1,125,000, achieving $375,000 per unit and $441.18 per square foot. The renovated asset offered strong in-place cash flow at a 7.91% cap rate, while providing additional upside through the potential conversion of existing garages into multiple ADUs. With upgraded plumbing, water heaters and electrical panels, the property offered the buyer a stabilized investment with future expansion potential. Its eligibility for 30-year fixed residential financing further strengthened the investment profile and helped position the property for a successful closing.