This 14-unit multifamily building in desirable Boyle Heights neighborhood presents a prime investment opportunity. Sitting on a spacious 12,808 sq ft lot, the property offers a strategic location with easy access to Downtown Los Angeles. Residents enjoy convenient access to major freeways and a variety of local shops and restaurants. The building consists of all 2-bedroom, 1-bath units, with 4 units recently remodeled. All units are separately metered for electricity and gas, tenants are also responsible for their trash. The property boasts 100% occupancy, with stable tenants and minimal turnover. Parking is abundant, with 13 of the 14 units having assigned parking spaces. Additionally, an on-site laundry facility adds convenience for residents. This property provides strong cash flow, excellent long-term potential, and is an ideal addition to any investment portfolio.
lease term
Month-to-month10,555 Sq Ft
0.294 Private Acres Exterior Space
Apartment
Built in 1965
MLS/Listing ID IV24237273
2 Stories
14 Units
Outside
Parking - Carport
Listing Courtesy of KELLER WILLIAMS RIVERSIDE CENT, RACHAEL NOL
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE