Owner-user opportunity in Boyle Heights. Front 2-bedroom, 1-bath unit will be delivered vacant at close of escrow, giving the next owner the option to occupy one unit while benefiting from the income potential of the remaining units. Based on stated pro forma rents and garage income, the property offers approximately… Read More $98,700 in annual gross income potential — roughly a 9.7 GRM at the current asking price.
Currently configured as 4 units (public records reflect 3 units), with one 2-bedroom unit and three 1-bedroom units, separate gas and electric meters, two garage spaces, and a 6,698 SF lot. The 2-bedroom unit has a stated pro forma rent of $2,350/month, with stated pro forma rents of $1,825/month for each of the three 1-bedroom units. Conveniently located near Downtown Los Angeles, the Arts District, Keck Medicine of USC, Metro transit, and the 5, 60 and 101 freeways.
Property sold as-is. Buyer and buyer's agent to independently verify unit count, permits, rents, expenses, income, and all other information and conduct their own inspections and due diligence. Read Less
Property listed by Real Brokerage Technologies, Oscar Carlos 916-848-7554
Listing Snapshot
Days Online
98
Last Updated
Property Type
Quadruplex
Lot Size
0.15 Acres
Year Built
1922
MLS Number
PW26161182
Additional Details
Building
Built in 1922, 3 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: Each unit has a separate entrance point
Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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