Thank you
Dan Stueve
Equity Union
424-600-7620
An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots - 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Health Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it's expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 7.97% Pro Forma Cap rate.
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Total Bedrooms : 3
Total Baths: 1
Full Baths: 0
Half Baths: 0
Sewer : Other
Property Appliances: Disposal
Flooring: Laminate
None
Air Conditioning
Floor Furnace
Has Heating
Year Built: 1922
Building Area Total: 6,156
Construction: Brick,Wood Siding
Slab
Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1735
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7559
Original List Price: 1,750,000
Listing Contract Date: 2024-04-09
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5174010033
Garage Description: Concrete,Uncovered
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: BOYH - Boyle Heights
Postal Code Plus 4: 2411
Directions: See Map
Zoning: LAC2
Source Property Type: Residential Income
Area: BOYH - Boyle Heights
Property Age: 102
Year Built Source: Vendor Enhanced
Total Square Feet Living: 6156
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
300 S Pecan Street, Los Angeles, CA,90033 | $599,999 | 2 | 1 | 1,306 | 2047 Sqft |
1317 Warren Street, Los Angeles, CA,90033 | $635,000 | 3 | 1 | 782 | 2040 Sqft |
574 N St Louis Street, Los Angeles, CA,90033 | $980,000 | 8 | 4 | 5,184 | 6070 Sqft |
2016 Pennsylvania Avenue, Los Angeles, CA,90033 | $1,300,000 | -- | -- | 6,022 | 7006 Sqft |
2814 Wabash Avenue, Los Angeles, CA,90033 | $999,888 | 4 | 2 | 2,184 | 5917 Sqft |
1607 E 4th Street, Los Angeles, CA,90033 | $600,000 | 2 | 1 | 2,398 | 3642 Sqft |
2103 Michigan Avenue, Los Angeles, CA,90033 | $850,000 | 4 | 2 | 1,901 | 6552 Sqft |
1141 N Mission Road, Los Angeles, CA,90033 | $4,500,000 | -- | -- | 9,897 | 15821 Sqft |
1684 Murchison Street, Los Angeles, CA,90033 | $3,875,000 | 32 | -- | 12,052 | 14871 Sqft |
2306 E 3rd Street #3, Los Angeles, CA,90033 | $1,099,000 | 7 | 5 | 3,465 | 5094 Sqft |
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ByOwner last updated this listing 05/16/2024 @ 21:33
MLS: 24368707
LISTED BY: Dan Stueve, Equity Union
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
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.