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Great Opportunity for investor to own a house in Boyle Height!! This is a DREAM property for an investor or occupant owner. The property has been managed & maintained by professional property manager for the last 5 years. The front house is a single house built in 1923 with 3 bedrooms 1 bath. The back unit is a duplex 2 bed rooms 1 bath each on each floor. big back yard with alley entrance. All units feature newer water heaters and windows, and have designated parking spaces. Tenants have consistently paid rent on time for the last 10 years, with rent close to market value and potential for an 8% increase in 2 years. Laundry room is available for extra income. New gardening and soil replacement. The property also offers easy access to major freeways such as the 5, 60, 10, 710, and 110. Easy access to downtown area via the new 6ht street bridge. The area is experiencing significant growth, with many new multi-use developments currently underway. The vacant lot adjacent to the property sold over 500K two years ago. Listing information is deemed reliable but not guaranteed. Prospective buyers should conduct thorough due diligence and consult with profession
Last Updated | 5/17/2024 | Year Built | 1922 |
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Community | Boyle Heights | County | Los Angeles |
Additional Details
AREA | Boyle Heights |
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BUYER'S BROKERAGE COMPENSATION | |
LOT | 6079 sq ft |
LOT DESCRIPTION | 2-5 Units/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
ZONING | LAC1.5 |
Location
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