Richard Tamayo
TAMAYO & ASSOC. R.E.
888-490-1444
"Investor Dream" Nothing but money! 5 units that feature (Two) 2 bedroom 2-bath (One) 2 bedroom 1- Bath (One) 3-bedroom 2- bath and (One) 3 bedroom 1-bath. This unique property is situated on a 11,000+ square foot Lot and has two separate addresses, (5) separate gas meters, (5) separate electric meters and 2 water meters (Note: Possible SB9 Opportunity). If you are looking for positive cash flow, this is it. But that's not all. What if I can tell you that the seller is willing to carry with great terms for the buyer, if an offer comes in that is acceptable to the seller, yes sir, Seller may carry on this one. Property has low vacancy and cash flow rents with great upside on this unique investment property in the up-and-coming Boyle Heights Neiborhood.
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Water Source : Public
Sewer : Public Sewer
Fireplace: None
Floor Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1910
Building Area Total: 5
None
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2639
Lot Size Source: Assessor
Lot Size Square Feet: 11494
Original List Price: 1,670,000
Listing Contract Date: 2024-01-26
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5231025012
Garage Description: On Site
Lease Term: Negotiable
Tenant Pays: Electricity,Gas,Parking Fee
Source Listing Status: Active
Source Neighborhood: BOYH - Boyle Heights
Postal Code Plus 4: 2100
Directions: Go to Malabar left of Folsom
Zoning: LCR2*
Source Property Type: Residential Income
Area: BOYH - Boyle Heights
Property SubType: Apartment
Property Age: 114
Common Walls: No Common Walls
Property Condition: Repairs Cosmetic
Structure Type: Apartment
Year Built Source: Assessor
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Snow Drive, Los Angeles, CA,90063 | $185,000 | -- | -- | -- | 6438 Sqft |
4156 Woolwine Drive, Los Angeles, CA,90063 | $169,000 | -- | -- | -- | 3184 Sqft |
1004 N Hicks Avenue, Los Angeles, CA,90063 | $1,150,000 | 8 | 4 | 5,168 | 7249 Sqft |
3134 Fairmount Street, Los Angeles, CA,90063 | $479,900 | 5 | 2 | 1,522 | 5200 Sqft |
3520 Pomeroy, Los Angeles, CA,90063 | $525,000 | -- | -- | -- | 7244 Sqft |
411 N Brannick Avenue #F, Los Angeles, CA,90063 | $494,900 | 3 | 2 | 1,179 | -- |
501 S Lorena Street, Los Angeles, CA,90063 | $940,000 | -- | -- | 2,200 | 4250 Sqft |
1256 Schick Avenue, Los Angeles, CA,90063 | $145,000 | -- | -- | -- | 7140 Sqft |
Schick Avenue, Los Angeles, CA,90063 | $145,000 | -- | -- | -- | 7533 Sqft |
1243 Schick Avenue, Los Angeles, CA,90063 | $145,000 | -- | -- | -- | 7151 Sqft |
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ByOwner last updated this listing 05/29/2024 @ 03:59
MLS: WS24016709
LISTED BY: RICHARD TAMAYO, TAMAYO & ASSOC. R.E.
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.