2746 Boulder Street

    Los Angeles (City), CA 90033
    • $1,350,000
    • STATUS: Active
    • ON SITE: 54 days
    • ID#: 19500962
    UPDATED: 34 min ago
    $1,350,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,244
      SQFT
    • $186
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    PRICE REDUCTION - MOTIVATED SELLER - Boyle Heights; the neighborhood that is both historic and up and coming. Be a part of the opportunity, excitement, and legacy, take advantage of this investment prospect that will not last. Partnership issue has lead to the premature sale of this large 8 unit building. Their loss is your gain. Vintage 2 story center hallway building with charm and space in spades. Property features 8 apartment homes with great natural light, 7x enormous 1b1b units - 1 has undergone extensive remodel and 1x 2b1b which will be delivered vacant and ready for your vision. Excellent location on the cusp of DTLA, moments from USC Medical, and just blocks from Cesar Chavez / 1st St Corridor. Convenient Gold line Metro and freeway access, eclectic shops & restaurant, and neighborhood amenities like Hollenbeck Park, Evergreen Rec Center and Hazard Rec Center all combine to attract high quality tenants and bolster the property value projection.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T08:29:09.797. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98139934

    2746 Boulder Street Los Angeles (City), CA 90033

    • Price: $1,350,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: 19500962
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    7,244
    SQFT
    $186
    $/SQFT
    1929
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    PRICE REDUCTION - MOTIVATED SELLER - Boyle Heights; the neighborhood that is both historic and up and coming. Be a part of the opportunity, excitement, and legacy, take advantage of this investment prospect that will not last. Partnership issue has lead to the premature sale of this large 8 unit building. Their loss is your gain. Vintage 2 story center hallway building with charm and space in spades. Property features 8 apartment homes with great natural light, 7x enormous 1b1b units - 1 has undergone extensive remodel and 1x 2b1b which will be delivered vacant and ready for your vision. Excellent location on the cusp of DTLA, moments from USC Medical, and just blocks from Cesar Chavez / 1st St Corridor. Convenient Gold line Metro and freeway access, eclectic shops & restaurant, and neighborhood amenities like Hollenbeck Park, Evergreen Rec Center and Hazard Rec Center all combine to attract high quality tenants and bolster the property value projection.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Cooling None Cooling YN No Laundry Features See Remarks

    Property Features

    Association Amenities Other Association YN Yes Cap Rate 4.92 Gross Multiplier 13.75 Gross Operating Income 100865.00 Improvements Amount 397888 Land Value 212207 Laundry YN Yes Net Operating Income 69425.00 Special Listing Conditions Standard Total Expenses 32690.00 Zoning Lar2

    Listing provided courtesy of Joel Nass of Clint Lukens Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T08:29:09.797. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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