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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,500,000

Est. payment | -/mo

0.29 Acres Lot

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$ 2,500,000

Est. payment | -/mo

Save

0.29 Acres Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID IV24237273

HOA Y/N No

Rental Info Month To Month

Year Built 1965

Lot Size 0.294 Acres

Property Sub-Type Apartment

Property 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.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LARD1.5

Interior

Fireplace No

Laundry In Carport, Outside

Exterior

Parking Features Carport

Pool None

Community Features Sidewalks

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5177011040

Energy Description 3917.0

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by RACHAEL NOL KELLER WILLIAMS RIVERSIDE CENT 951-848-5188, DRE #01963611

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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2539 Wabash AVE Los Angeles, CA 90033