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Built in 1958, this well-maintained multifamily property offers a desirable unit mix of two 2-bedroom/1-bath and two 3-bedroom/2-bath units, on a 4,783 SF lot zoned LCR4*.With low operating expenses and easy management, this asset presents a strong investment opportunity at a 10 GRM and a 7.6% cap rate, based on the current monthly rental income of $11,620. An upcoming 4% rent increase offers additional upside potential.**Ideally located just 1.9 miles from USC and East Los Angeles College, and approximately 2.2 miles from the Soto Metro Station, the property benefits from both tenant demand and excellent transit accessibility.
Property Type(s):
Residential Income
| Last Updated | 4/30/2025 | Year Built | 1958 |
|---|---|---|---|
| Community | Boyle Heights | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Boyle Heights |
| GARAGE | None |
| HEAT | None |
| HOA DUES | 0 |
| LOT | 4783 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
| ZONING | LCR4 |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
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.
This IDX solution is (c) Diverse Solutions 2025.
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