Property Detail

Description

100% Occupied and below appraised value! Excellent Boyle Heights location. A classic Los Angeles turn of the century single family home with a separate four unit apartment building on one lot. The front house has been renovated and leased at market rate. The fourplex has a mix older and newer renovations. Excellent opportunity to achieve attractive cash flows. -This property is priced to sell with a real 7.2 % CAP rate on current rents. Lots of upside potential for this property. Boyle Heights is one of LA's most iconic neighborhoods, close to parks, schools and access to nearby employment and entertainment centers. The front house is 3 beds, 2baths. The fourplex units are all 2 bed 1bath. Five off street parking spaces with security gate access.