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Listed by Nery Lucio-Cabrera • Luxury Collective
$1,085,000
Est. payment /mo
3,044 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,044 sqft
Price per Sqft $356
MLS Listing ID CRSR25244494
HOA Y/N No
Year Built 1895
Lot Size 7,472 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Exceptional investment opportunity in Boyle Heights! This 5-unit multifamily property features a desirable mix of units, including one spacious 4-bedroom, 2-bathroom unit, along with four 1-bedroom, 1-bathroom units. The property sits on a generous lot and offers a strong rental upside with a current cap rate of 8.21%, making it an attractive option for both seasoned investors and those looking to expand their portfolio. Conveniently located near Downtown Los Angeles, the Arts District, major freeways, schools, parks, and neighborhood amenities, this property benefits from consistent rental demand and excellent potential for both cash flow and long-term appreciation.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Laundry Inside
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