Courtesy of: Jared Levine 01804008 | Keller Williams Realty Calabasas
Purchase Type: Sale
MLS ID: SR21100592CN
Days On Market: 158
Square Footage: 4,186 Sq ft
Property Type: Residential Income
Property Subtype: Apartment Building
Area: East LA
Swimming Pool: No
Address: 2727 E 4th ST
County: Los Angeles
City: Los Angeles
Neighborhood: East La
We are pleased to present the opportunity to acquire BUNGALOWS on 4th STREET. This offering encompasses nine (9) units in the Boyle Heights Sub Market of Los Angeles. The secured access building is approximately 4,186 SF and sits on a 7,003 SF corner lot zoned LAC1. The building has five (5) updated units, provides two (2) access entry points to each unit, and is separately metered for gas and electric with individual water heaters. The property has proven market rents of $1,350 for (0+1), $1,500 for (1+1), $2,000 for (2+1) with an additional 23% of potential rental upside for the new owner. This well located offering has great visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 101 FWY, 10 FWY, 60 FWY and DTLA add an additional touch of convenience.
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