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ResidentialIncome — 605 N St Louis, Los Angeles, CA

$975,000

605 N St Louis, Los Angeles, CA

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About this property

3 of 4 UNITS DELIVERED VACANT! 605 N St Louis St presents an excellent opportunity to acquire a well-located 4-Unit building in Boyle Heights. The property features (3) 1 Bed/1 Bath and (1) 2 Bed/1 Bath Units that are separately metered for electric, gas, and trash. The property is projected to operate at a 6.60% cap rate and 10.76 GRM, offering attractive upside in a strong Boyle Heights market. Property is renovated with updated plumbing and interiors, new flooring, new drywall, modern bathrooms, new kitchen cabinets, and laundry on site. The location offers a vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, with a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene.

Property details

Year built
1923
Property type
ResidentialIncome

Location

605 N St Louis • Los Angeles, CA 90033

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Listed by

Aaron Jacobson · Lyon Stahl Investment Real Estate, Inc.