Outstanding opportunity at over 7% Cap Rate on current income. This renovated property offers an excellent layout for an owner-user, featuring a detached front house and a separate 4-plex at the rear, all situated on a single lot. The spacious front house has been fully gutted and remodeled, and can be delivered vacant or rented at $4,800. The 4-plex behind it has also undergone extensive renovations and consists of four 1-bedroom units with rents of $1,990, $1,918, $951, and $715. The large 7,470 Sq. Ft. lot provides ample on-site parking for residents. ***Located in a sought-after area of Boyle Heights, this property sits on a quiet cul-de-sac in a residential neighborhood, close to parks, restaurants, medical facilities, public transportation, and offers easy access to freeways.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
1/15/2025
|
|
YEAR BUILT
|
1895
|
COMMUNITY
|
Boyle Heights
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AREA |
Boyle Heights |
| HOA DUES |
0 |
| LOT |
7474 sq ft |
| LOT DESCRIPTION |
Level, Rectangular Lot, Walkstreet |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
| ZONING |
LAR2 |
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Listed with Lyon Stahl Investment Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/15/25 4:10 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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