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$2,195,000
Est. payment /mo
16 Beds
16 Baths
10,233 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,233 sqft
Price per Sqft $214
MLS Listing ID 25517167
Bedrooms 16
HOA Y/N No
Year Built 1966
Lot Size 0.338 Acres
Property Description
Prime 12-Unit Investment Opportunity in Boyle Heights ! An exceptional opportunity to acquire a 12-unit multifamily property in the heart of Prime Boyle Heights! Situated on a huge corner lot, this investment features three buildings, one 10-unit building and two standalone units, offering an excellent unit mix with strong rental demand. With 30% upside in rents, this property presents a tremendous value-add opportunity for investors. Seven units have already been fully remodeled, featuring new flooring, modern kitchen cabinets, upgraded appliances, and more. The remaining units provide the potential for additional renovation and increased rental income.Located in an A+ location, this asset benefits from strong tenant demand, proximity to major employment hubs, and easy access to public transit, freeways, and vibrant neighborhood amenities. Don't miss this rare chance to own a high-potential investment in one of Los Angeles' most dynamic rental markets! The property address is 117 N St Louis St. LA CA 90033 also with APN: 5183-007-041.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Assigned
Total Parking Spaces 11
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5183007041
Special Listing Condition Standard
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Listed by Maria Samouha • Coldwell Banker Realty