Located near the end of a small and neighborly cul-de-sac is an EXCEPTIONAL opportunity for an investor or owner! 5-unit/2-story multi-family apartment building with approximately of 3,278 sq. ft. living space on a R2 zoned 6,148 sq. ft. lot, in a promising and developing high-demand area of Boyle Heights; just a few minutes in any direction is either DTLA, schools, transportation, hospital, numerous amenities and savoring food!; building includes 4 2-bed/1-bath units and front unit is 1bed/1 bath (3 ground, 2 upstairs); also has a utility room that can be used for storage and laundry room for additional income; long driveway leads to space for 6 cars or possibility of adding an ADU; entire property is low-maintenance and well cared for by tenants, all who are currently on month-to-month tenancy; rental income has significant upside along with potential for long-term appreciation and expansion to capitalize on the burgeoning future of Boyle Heights
MLS# | CV25058998 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1964 |
Days On Site | 38 |
Listing Provided By | CalBest Real Estate & Mortgage 626-806-4146 | Alonso Silva |
SQ Feet | 3,278 |
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Story(s) | 2 |
Units | 5 |
Building(s) | 1 |
Zoning | LAR2 |
Acreage | 0.14 |
Property View | None |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90023 |
Area | BOYH Boyle Heights |
Listing VS Median (in 90023) | |
Price: $1,088,888 low | high Med: $875,000 SqFt: 3,278 low | high Med: 2,580 $ / SqFt: $332 low | high Med: $339 On site: 38 low | high Med: 106.000000 |