2611 E 4th Street

Los Angeles, CA 90033

  • 19 Bed(s)
  • 0 Bath(s)
  • 7,331 Sqft
  • 6246
    Sqft(Lot)
$2,995,000

Description

I challenge you to find any multi-family these days in city of l.a. that has a true cap rate of 6.67 and a gross rent multiplier of 11.97. never mind one that is brand new construction, in a good location, with ample parking and amenities such as rooftop decks with mountain views. yet that is exactly what you are getting here at 2611 e 4th st! the rooftop decks, by the way, have proven to be a huge amenity, as they allow the tenant to entertain on a large scale in a highly aesthetic setting without disturbing other tenants on the premises. delivered vacant, your tenants will be thrilled to pay the rents listed here, in dwellings that include very attractive finishes and layouts, all standard amenities including central heat and air, dishwasher and appliances. also in unit laundry in each unit (washer/dryer not provided - hookups only.) all but one of the units will enjoy two car parking. as far as location, this property is a mile away from the 4th st bridge that takes one right into the art district, little tokyo and all other downtown venues. not to mention that boyle hts itself, particularly this section of boyle hts, is truly burgeoning into one of la's most charming and flourishing neighborhoods, in leaps and bounds. and this property is right in the thick of it all. bottom line - as a landlord/property owner, you will thoroughly enjoy owning a property which not only cash flows, but will give you no headaches or unexpected expenses, being a brand new construction property, and tons of upside. oh yes, forgot to mention that tenants pay for all utilities including water and trash. oh, and one other very important thing - i have a lender who will give 30 yr fixed financing despite the fact the property is 5 units! oh, and of course you can come see the property anytime. looking forward to seeing you!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Contemporary

  • AD ID

    47682777

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Property Details

  • Bedroom Information

    • Total Bedrooms : 19

    Bathroom Information

    • Total Baths: 11
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Refrigerator

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 2023
    • Building Area Total: 7,331

    Pool Features

    • See Remarks

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1434
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6246

  • Listing Price Information

    • Original List Price: 2,995,000
    • Listing Contract Date: 2024-11-19

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5180012032

  • Garage and Parking

    • Garage Description: Carport,Garage,Gated,Tandem

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: BOYH - Boyle Heights
    • Postal Code Plus 4: 4420
    • Directions: Jus east of the 5 Fwy & 10 Fwy interchange on East 4th St.
    • Zoning: LAC1
    • Source Property Type: Residential Income
    • Area: BOYH - Boyle Heights

    Building and Construction

    • Property Age: 1
    • Year Built Source: Assessor
    • Total Square Feet Living: 7331
    • Levels or Stories: Three Or More
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BuyOwner last updated this listing 11/23/2024 @ 00:17

  • MLS: 24465335
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 19 bedrooms which is for sale, it has 7,331 sqft, 6,246 sized lot, and 6 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.