Commercial property · 2 recorded sales since 2021
Listing Agent: Shant Sherbetdjian (DRE #01713570) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: David Gomez · Realty Executives Com. & Res. · MLS #21745056 · Source: CRMLS
We are pleased to present this 6 unit Multi Family Investment Opportunity located in the Rapidly Gentrifying Boyle Heights Area of Los Angeles. The Property has a Great Unit Mix of 1, 2 and 3 bedroom Units in a Desirable Neighborhood with Rental Upside Potential of +/- 32%. This Offering Boasts an Attractive 4.65% Cap Rate on Current Rents with Opportunity to Add Value. Select Units have City Views. The Property is Centrally Located within a Few Minutes Drive to Downtown Los Angeles and within Walking Distance to Various Busy Retail Corridors. Property is Subject to Los Angeles City Rent Control. To request a marketing package, please call listing agent.
Listing description from the October 2021 sale, as reported to CRMLS.