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Turn-Key! Cash Flowing! Fully Occupied! Unique in-trend investment opportunity located on a quiet cul de-sac on Percy Street in the heart of LA's Eastside "blue collar hustle and bustle! High demand area with close fwy access near Downtown LA, Arts District, school, parks, both metro & bus transportation, shopping, services, & dining. Introducing a Newer 2017 Built Charming Craftsman-Style 8-Plex consisting of three Duplexes + two Modern 1 Bed 1 Bath Container ADU's with circular staircases leading tenants up to their own private rooftop balcony! Interiors of the 3 Bed 2 Bath duplexes are designed with an open floor plan with high ceilings, showroom kitchen and finishes, upper unit private balcony with city views. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking & the grounds are professionally landscaped, gated, and secured. Above average Cap Rate in LA of 7.42 % with an immediate Annual Gross Income of $272,732. Additional photos/info visit: LiveOnPercy.com
Last Updated | 9/26/2024 | Year Built | 2017 |
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Community | Boyle Heights | County | Los Angeles |
Additional Details
APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer |
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AREA | Boyle Heights |
CONSTRUCTION | HardiPlank Type |
EXTERIOR | Rain Gutters |
GARAGE | Paved |
HEAT | Forced Air |
INTERIOR | Cathedral Ceiling(s) |
LOT | 8998 sq ft |
LOT DESCRIPTION | Landscaped, Rectangular Lot |
LOT DIMENSIONS | 52x173 |
PARKING | Paved |
POOL | Yes |
POOL DESCRIPTION | Fenced |
SEWER | Other |
STORIES | 2 |
STYLE | Craftsman |
WATER | Public |
ZONING | LARD1.5 |
Location
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