10-Plex
5245 Via San Delarro St · East Los Angeles, CA
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.22%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 6/10 · Moderate
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 9 days/yr
- Unhealthy air days in 30 yrs
- 9 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- DSCR +10.0/10.0
- 1% rule +9.3/10.0
- ARV discount +7.5/15.0
- Schools +3.6/10.0
- Livability +3.0/5.0
- Condition / age +2.5/5.0
- Rent growth +0.8/5.0
- Appreciation +0.0/10.0
$1,995,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 10 units. confirmed
5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.
Listing remarks
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 com
Key facts
- New kitchens
- New flooring
- Interior renovations
Tags
Property features AI
Finance
- Other: Property zoning: LCR4*; Directions: Via San Delarro Street & Via Campo Street
- Financial info: Gross income: $203,484; Net operating income: $127,400; Total annual expenses: $76,084; Cap rate: 6.39; Gross rent multiplier: 9.8; Rent roll highlights: three identical 1-bed units at $1,700 each; additional units with rents ranging from $1,489 to $1,976
- HOA & community: Community amenities: Pool; Complex contains 10 total units
Exterior
- Parking: Attached garage; 9 garage spaces; 10 total parking spaces
- Security: Security details not provided
- Utilities: Utilities details not provided
- Home design: Residential income property; Two-level building (2 total floors)
- Construction: Other structures: none
- Exterior features: Corner lot with curbs and sidewalks; Single lot on a paved street; City lot location
Interior
- Kitchen: Range/oven included
- Bedrooms: Units include one- and two-bedroom layouts (mix of 1-bed and 2-bed units)
- Flooring: Flooring details not provided
- Bathrooms: Each unit has one bathroom
- Heating & cooling: Other heating; Other cooling
- Interior features: Updated/remodeled condition; In-ground pool
- Laundry & utility: Laundry/utility details not provided
Neighborhood map
What this means for you Summary
Snapshot
- This is a 10 × 13-bed/10.0-bath units multifamily listed at $2.00M.
Deal economics
- At list price, monthly cash flow is $8k ($94k/yr) — positive. Per door: $785/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($29k rent vs $2.00M).
- Recommended offer: $1.97M (1.5% below list) — sets the bar for market timing.
- Cap rate 11.0% vs local median 3.5% in East Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 60/100 on livability (#594 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, schools B+; Watch: employment C-, health & safety D, crime F.
- Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents falling (-7.0%/yr); 52 active listings in the ZIP; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
- At $28,598/mo this rent would consume 505% of the median local household income ($68k/yr) (locally 2612% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $14k of loan paydown is wiped out by about $60k of value loss. Plan a longer hold.
- Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 28 days — a 2% lower offer ($1.97M) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $960k; list at $2.00M implies a 108% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.43% ✓
- Cap rate
- 11.01%
- Cash-on-cash
- 16.86%
- DSCR
- 1.75
- GRM
- 5.8
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 4.5%
- Equity multiple
- 1.17×
- Total profit
- $93,885
- Equity at exit
- $297,461
- IRR
- 10.9%
- Equity multiple
- 1.73×
- Total profit
- $405,769
- Equity at exit
- $172,491
Cash invested: $558,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 18 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 90022
- Rents YoY
- -7.0%
- Active inventory
- 52
- Price-to-rent
- 58.1×
Monthly cashflow live
- Estimated rent
- $28,598 medium interval (Pro) →
- Mortgage (P&I)
- −$10,462
- Tax from tax record
- −$3,449 /mo · $41,394/yr
- Insurance
- −$831
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$6,006
- Net cashflow
- $7,850
Break-even live
Sensitivity live
| Price | -10% $8,979 | -5% $8,414 | +0% $7,850 | +5% $7,285 | +10% $6,720 |
|---|---|---|---|---|---|
| Rent | -10% $5,590 | -5% $6,720 | +0% $7,850 | +5% $8,979 | +10% $10,109 |
| Rate | -1.0pp $8,854 | -0.5pp $8,357 | base $7,850 | +0.5pp $7,333 | +1.0pp $6,807 |
10-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 10× units | 13 | 10 | $28,600 |
| #1 | 13 | 10 | $2,860 |
| #2 | 13 | 10 | $2,860 |
| #3 | 13 | 10 | $2,860 |
| #4 | 13 | 10 | $2,860 |
| #5 | 13 | 10 | $2,860 |
| #6 | 13 | 10 | $2,860 |
| #7 | 13 | 10 | $2,860 |
| #8 | 13 | 10 | $2,860 |
| #9 | 13 | 10 | $2,860 |
| #10 | 13 | 10 | $2,860 |
| Total (10 units) | $28,598 | ||
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $498,750
- Closing costs
- $59,850
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 30 events
-
2026-06-18days on market $1,995,000 Active 28 DOM
-
2026-06-17days on market $1,995,000 Active 27 DOM
-
2026-06-16days on market $1,995,000 Active 26 DOM
-
2026-06-15days on market $1,995,000 Active 25 DOM
-
2026-06-13days on market $1,995,000 Active 23 DOM
-
2026-06-09days on market $1,995,000 Active 19 DOM
-
2026-06-08days on market $1,995,000 Active 18 DOM
-
2026-06-07days on market $1,995,000 Active 17 DOM
-
2026-06-04days on market $1,995,000 Active 14 DOM
-
2026-06-03days on market $1,995,000 Active 13 DOM
-
2026-06-02days on market $1,995,000 Active 12 DOM
-
2026-06-01days on market $1,995,000 Active 11 DOM
-
2026-05-31days on market $1,995,000 Active 10 DOM
-
2026-05-21$1,995,000 Active
-
2024-10-27historical $2,150
-
2024-10-12price $2,150
-
2024-09-28price $2,250
-
2024-09-10price $2,350
-
2024-08-18price $2,450
-
2024-08-06price $2,600
-
2024-07-26$2,700
-
2017-02-10soldstatus $960,000
-
2008-04-11soldstatus $1,275,000
-
2005-11-08soldstatus $1,275,000
-
2005-10-24historical
-
2005-09-26$1,350,000
-
2003-12-01soldstatus $865,000
-
2003-11-26soldstatus $865,000
-
1985-03-01soldstatus $390,000
-
1976-11-12soldstatus $180,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast CA · Resets to sale price
- Current annual tax
- $41,394 · $3,449/mo
- Projected year-2 tax
- $41,394 · $3,449/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 6/10 Major 7 d/yr ≥95°F today · 21 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 5/10 Major 9 unhealthy d/yr today · 9 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $343,176
- − Mortgage interest
- −$111,751
- − Property taxes
- −$41,394
- − Insurance
- −$9,975
- − Repairs & maintenance
- −$27,454
- − Management
- −$27,454
- − Depreciation
- −$58,036
- Taxable income
- $67,112
- Est. tax owed @ 24.0%
- −$16,107
- After-tax cash flow
- $78,090/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Los Angeles Unified
- NCES district ID
- 0622710
- Math proficiency
- 29% ▼ -4.00%
- Reading proficiency
- 54% ▲ 10.00%
- Median HH income
- $50,403
- Composite
- 35.67/100
- National rank
- #4875
- State rank
- #223 of 517 in CA
Livability — East Los Angeles
- Score
- 60/100
- State rank
- #594
- US rank
- #19237
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- East Los Angeles, CA
- County
- Los Angeles County · 9,444,647 people
- City population
- 108,740
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Population (ZIP)
- 60,343
- Household income
- $67,967
- Rent vs Own
- Severe rent burden
- 2612.0
Population outlook (Los Angeles County) Hauer SSP2
- Today (2025)
- 10,940,515 people
- By 2030
- 11,256,481 · +2.9%
- By 2040
- 11,729,929 · +7.2%
- By 2050
- 11,948,407 · +9.2%
- By 2075
- 11,818,114 · +8.0%
- By 2100
- 10,842,928 · -0.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Hispanic (97%)
- Race & ethnicity
- Hispanic / Latino 97% Two or more races 20% Native American 3% White 1% Asian 1%
- Hispanic origin (detail)
- Mexican 87%
- Foreign-born
- 39% · Canada, Vietnam, China
- Languages at home
- 17% English-only · Spanish 82% Chinese 1%
Political lean MEDSL · Los Angeles
- 2024 margin
- Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
- 2008→2024 swing
- -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
- All cycles
- 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -679.87%
- Current HPI
- 406.888
- Rent YoY
- ▼ -7.00%
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
|
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| Financial Services | 3 | $174B |
|
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| Retail | 3 | $44B |
|
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| Insurance | 3 | $26B |
|
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| Media / Entertainment | 2 | $115B |
|
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| Pharmaceuticals / Biotech | 2 | $62B |
|
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Price history
+1008.3% since first listed17 events — show timeline
- 2026-05-21 Listed $1,995,000 TheMLS
- 2024-10-27 Rental Removed $2,150 SHOWMOJO
- 2024-10-12 Price Changed $2,150 SHOWMOJO
- 2024-09-28 Price Changed $2,250 SHOWMOJO
- 2024-09-10 Price Changed $2,350 SHOWMOJO
- 2024-08-18 Price Changed $2,450 SHOWMOJO
- 2024-08-06 Price Changed $2,600 SHOWMOJO
- 2024-07-26 Listed for Rent $2,700 SHOWMOJO
- 2017-02-10 Sold (Public Records) $960,000 Public Records
- 2008-04-11 Sold (Public Records) $1,275,000 Public Records
- 2005-11-08 Sold (Public Records) $1,275,000 Public Records
- 2005-10-24 Listing Removed — CRMLS
- 2005-09-26 Listed $1,350,000 CRMLS
- 2003-12-01 Sold (Public Records) $865,000 Public Records
- 2003-11-26 Sold (Public Records) $865,000 Public Records
- 1985-03-01 Sold (Public Records) $390,000 Public Records
- 1976-11-12 Sold (Public Records) $180,000 Public Records
Property tax history
+5.1%/yrLatest (2025): $41,394 · +2.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…