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Attention! Great investment opportunity in the up and coming neighborhood of Boyle Heights. With an attractive 5.9 cap rate, this property offers immediate positive cash flow. Property sits on an 11,491 square foot lot and has so much to offer. 5 separate units, each with their own gas and electric meters. 2 separate parking lots with plenty of parking and entrances through 2 different streets, a very low vacancy. 12 bedrooms and 8 bathrooms. This property would be a great addition to your portfolio. Owner is willing to carry with an acceptable offer.
Property Type(s):
Residential Income
| Last Updated | 10/6/2024 | Year Built | 1910 |
|---|---|---|---|
| Community | Boyle Heights | County | Los Angeles |
Additional Details
| AREA | Boyle Heights |
|---|---|
| GARAGE | On Site |
| HEAT | Floor Furnace |
| LOT | 0.26 acre(s) |
| LOT DESCRIPTION | 2-5 Units/Acre |
| PARKING | On Site |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Available,Natural Gas Connected,Sewer Connected |
| WATER | Public |
| ZONING | LCR2* |
Location
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Listed with United Real Estate Pacific States
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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