451 S Lorena

Los Angeles, CA 90063
Property listed by REAL BROKER, NICHOLAS CARDENAS 909-727-6128
$575,000
Value-add 4-unit property in Boyle Heights. Front unit is tenant-occupied; three rear units are vacant and require substantial rehabilitation prior to occupancy. Ideal for investors seeking a heavy rehab project in a strong rental market. Property sold as-is, where-is, with no warranties as to condition or future use.
Listing Snapshot
Days Online
29
Last Updated
Property Type
Quadruplex
Lot Size
0.11 Acres
Year Built
1924
MLS Number
IV26024374
Property Location Map
Additional Details
Building
Built in 1924, 2 buildings, 2 stories, Entry level: 1, Entry location: Front
Community
Suburban
Expenses
Insurance: $1,500, Operating: $6,000
Home Owner's Association
Association Fee: $0
Income
Gross Income: $15,000, Gross ScheduledIncome: $15,000, Net Operating Income: $8,550
Laundry
Inside
Lot
0.1068 acres, SlopedDown
Parking
OnStreet
Pool
None
Property
Fixer, RepairsMajor, Neighborhood
Sewer
Unknown
Taxes
Additional parcels description:, Parcel Number: 5186009013, Lot: 13
Tenant Pays
AllUtilities
Utilities
Water Source: Public, 2 separate electric meters, 2 separate gas meters, 2 separate water meters
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Monthly Payment
$0
Charles Fisher
Realtor®
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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.