Property listed by Marcus & Millichap, Jonathan Weir 424-405-3900
$1,290,000
We are pleased to present our newest exclusive listing in Boyle Heights (Los Angeles). The property comes with RTI plans to build (2) three-bedroom, two-bathroom ADUs in the rear of the property. The ownership has renovated all the units with new flooring, kitchens, and bathrooms, and each includes an in-unit… Read More washer/dryer. Additionally, the building has new vinyl windows. The property is leased to Section 8 tenants and provides strong income for an investor. Once the ADUs are built, the property would operate at a 13.49% CAP RATE and add tremendous value to the property. Read Less
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Beds
8
Square Ft.
3,732
Lot Size
0.13 Acres
Year Built
1923
MLS Number
25499895
30 Days Snapshot Of 90033
$776k
+9%
(avg) sold price
2
0%
homes sold
36
-40%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1923, Building area total: 3,732, Levels: MultiSplit, Living area: 3732, 1 building
Cooling
None
Heating
WallFurnace
Income
Gross income: $142,848, Net operating income: $95,511
Lot
0.1255 acres, 5,466 square feet, Size: 5,466
Parking
None
Property
Zoning: LAR3
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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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