5
Bedrooms
$925,000
FOR SALE607 N St Louis Street
Los Angeles, CA
MLS# 26106661
2,598 Sq Ft5bd • 4ba
1 day on marketNalren refreshed
Listing Agent
Property Details
4
Bathrooms
2,598 sqft
Square Feet
1923
Year Built
5,311 sqft
Lot Size
$356
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
N/A
Property Type
Description
BOYLE HEIGHTS FOURPLEX WITH 3 UNITS VACANT AT CLOSE! Offered at $925,000, 607 N St Louis Street is a four-unit property featuring (1) 2-bedroom/1-bathroom unit and (3) 1-bedroom/1-bathroom units. Three units have renovated interiors and will be delivered vacant, allowing a buyer to set market rents or occupy one unit and rent the others. Built in 1923, the property offers 2,598 rentable square feet on a 5,311-square-foot lot, with gated on-site parking. Gas and electricity are separately metered, and tenants pay gas, electricity, and trash. The property offers a projected 7.00% cap rate and 10.20 GRM, with an estimated 13.58% rental upside to an 8.29% pro forma cap rate. Located near Downtown Los Angeles, the Arts District, and USC's Health Sciences Campus, the property offers convenient access to the 5, 10, 60, and 101 freeways.
Facts & Features
Building
- Year Built
- 1923
- Living Area
- 2,598 sqft
- Building Area Total
- 2,598
- Levels
- One
- Stories Total
- 0
Parking
- Parking Total
- 0
Community / HOA
- HOA
- No
Natural Hazard Information
Earthquake data is shown from a real public source (USGS)
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Closed sales reported in 90033, nearest first, last 12 months. All recent sales in Los Angeles →
CRMLS
MLS# 26106661
Listed:
Nalren refreshed:
Last updated
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Listed by: Marcus & Millichap
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.