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Residential Income - 2019 City View, Los Angeles, CA

$800,000

2019 City View, Los Angeles, CA

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Description

Turnkey 4 unit in the heart of Boyle Heights, minutes from Downtown LA and steps from everything East LA has to offer. 100% occupied and cash flowing from day one, with easy 10 Freeway access and less than a mile to the Metro L Line at Soto Station. The original 1923 duplex sits up front (2019: 1BD/1BA, 2021: 2BD/1BA), both fully remodeled with new flooring, paint, kitchens and bathrooms, move-in ready. Behind it, two permitted studio ADUs constructed in 2024 with a valid Certificate of Occupancy on file (issued 9/17/24). ADU's are completely turnkey with new cabinets, countertops, flooring, bathrooms, and each one running its own split-system HVAC. Every unit is individually metered for electric. Prime location near White Memorial, LAC+USC, and Keck Hospital of USC makes this a strong hold for tenant demand tied to the area's massive healthcare and university employment base.

Property details

Year built
1924
Property type
Residential Income
Lot size
4,000 sqft

Location

2019 City View • Los Angeles, CA 90033

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Listed by

James Lee · EXP REALTY OF CALIFORNIA INC

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