Description
Great investment property in gentrifying Boyle Heights. These two separate buildings of 7 units that consist of (4) 1 bedroom/1 bath, (2) 2 bedrooms/1 bath and (1) studio with kitchen. The 1 bedroom unit over the 5 garages in the back of the building has private backyard. The two bedroom upstairs units have high ceilings, measure about 850 sq.ft. and have back patios with views of the DTLA skyline. Two of the bottom units are spacious and with high ceilings also. Some of the units have washer/dryer hook-ups. All units have private water heaters.This property has easy access to the #10, 5 and 710 freeways. The location is perfect to DTLA,LAC&USC medical centers, CSULA, East Los Angeles, Occupational Center, Art District,Chinatown,Little Tokyo,Dodger Stadium, Monterey Park Golf and Alhambra. Nearby are elementary schools, store, gas station, bus transportation, Metro, Starbucks and an electric circuit charging station. 6.6% CAP RATE, annual rents $112,596 **PLEASE DON'T WALK ON THE PROPERTY AND DON'T DISTURB THE TENANTS. Submit all offers subject to interior inspection. Some tenants are long term for about 25 years. Property sold as is, NO repairs.
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"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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 29th September, 2023 3:40 PM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 29th September, 2023 3:40 PM (UTC)
Listing Agent: CARLOS CESPEDES
Listing Office: RELIABLE REALTY SERVS.
