N/A
Bedrooms
$958,000
FOR SALELos Angeles, CA
MLS# PW26161182
Oscar Carlos
Listing Agent
Real Brokerage Technologies
DRE #: 01887936
(916) 848-7554Brokerage: Real Brokerage Technologies
N/A
Bedrooms
N/A
Bathrooms
N/A
Square Feet
1922
Year Built
6,698 sqft
Lot Size
N/A
Price/Sq Ft
2
Garage Spaces
N/A
HOA
Quadruplex
Property Type
Owner-user opportunity in Boyle Heights. Front 2-bedroom, 1-bath unit will be delivered vacant at close of escrow, giving the next owner the option to occupy one unit while benefiting from the income potential of the remaining units. Based on stated pro forma rents and garage income, the property offers approximately $98,700 in annual gross income potential — roughly a 9.7 GRM at the current asking price. Currently configured as 4 units (public records reflect 3 units), with one 2-bedroom unit and three 1-bedroom units, separate gas and electric meters, two garage spaces, and a 6,698 SF lot. The 2-bedroom unit has a stated pro forma rent of $2,350/month, with stated pro forma rents of $1,825/month for each of the three 1-bedroom units. Conveniently located near Downtown Los Angeles, the Arts District, Keck Medicine of USC, Metro transit, and the 5, 60 and 101 freeways. Property sold as-is. Buyer and buyer's agent to independently verify unit count, permits, rents, expenses, income, and all other information and conduct their own inspections and due diligence.
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