Property listed by Home Team Realty, Simon Wu 626-589-8822
$748,888
PRIME INVESTMENT IN BOYLE HEIGHTS WITH VALUE ADD OPPORTUNITY.
Here’s a great chance to own a triplex in the heart of Boyle Heights. This property sits on an RD1.5 lot and offers both immediate income and long-term potential. The front duplex has two units with 2 bedrooms and 1 bath each,… Read More while the back house features 3 bedrooms, 1 bath, a private yard, and a garage with ADU possibilities.
All units are occupied with long term tenants with rents still well below market—leaving plenty of room for upside. A long driveway allows for multiple cars, and the location offers quick access to Downtown LA, freeways, transit, and neighborhood amenities.
With its price reduction, strong cash flow, and value-add potential, this property is one of the best multifamily buys in the area. Buyer to assist with 1031 Exchange. Drive by only, Inspection subject to offer. Please do not disturb tenants. Property to be delivered with all tenants occupied. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Triplex
Lot Size
0.13 Acres
Year Built
1922
MLS Number
SB26001073
Additional Details
Building
Built in 1922, 2 buildings, 1 storey, Entry level: 1, Entry location: 1
Community
Sidewalks
Expenses
Operating: $8,500
Garage
1 spaces
Income
Gross Income: $47,256, Gross ScheduledIncome: $47,256, Net Operating Income: $38,756
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
