Description
This 14-unit multifamily building in desirable boyle heights neighborhood presents a prime investment opportunity. sitting on a spacious 12,808 sq ft lot, the property offers a strategic location with easy access to downtown los angeles. residents enjoy convenient access to major freeways and a variety of local shops and restaurants. the building consists of all 2-bedroom, 1-bath units, with 4 units recently remodeled. all units are separately metered for electricity and gas, tenants are also responsible for their trash. the property boasts 100% occupancy, with stable tenants and minimal turnover. parking is abundant, with 13 of the 14 units having assigned parking spaces. additionally, an on-site laundry facility adds convenience for residents. this property provides strong cash flow, excellent long-term potential, and is an ideal addition to any investment portfolio.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47745062
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1965
- Building Area Total: 10,555
Pool Features
- None
Laundry Features
- In Carport,Outside
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.294
- Lot Size Source: Assessor
- Lot Size Square Feet: 12808
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Listing Information
Listing Price Information
- Original List Price: 2,900,000
- Listing Contract Date: 2024-11-19
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5177011040
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas,Trash Collection
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: BOYH - Boyle Heights
- Directions: Cross Street: Wabash Ave & N Fickett St
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: BOYH - Boyle Heights
- Property SubType: Apartment
Building and Construction
- Property Age: 59
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/23/2024 @ 00:00
- MLS: IV24237273
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 10,555 sqft, 12,808 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90033, this Los Angeles County Home are nearby neighborhoods.