1404 1406 Warren Street, Los Angeles, CA 90033
Property · 2 recorded sales since 2015
Sold October 2021
Listing Agent: Adrian Stepien (DRE #01979555) · Listing Office: KW Advisors · Contact: 310-482-2200 · Bought with: Adrian Stepien · Keller Williams Silicon Beach · MLS #21765412 · Source: CRMLS
About this property
We are pleased to present 1404-1408 Warren St - an eight (8) unit multifamily investment opportunity located in one of the most highly desirable neighborhoods in Boyle Heights. This investment consists of side by side wood frame stucco Quadraplexes situated on two separate APN's that are zoned LARD 1.5. 1404 Warren St consists of 2,064 SF of living area and is situated on a 3,726 SF lot and 1408 Warren St consists of 1,970 SF of living area and is situated on a 3,729 SF lot. These properties feature: One (1) One Bedroom / One bath unit + Den and Seven (7) One Bedroom / One Bath units. All units are individually metered for both gas and electricity. Further, the property provides eight (8) parking spaces for the tenants in a spacious rear lot. This asset has been well maintained and cared for by the current owner, who has done a number of renovations to maximize the property's potential. 1408 Warren St was converted from a duplex into a 4 unit property in order to maximize the space and all the work was done with permits. Six of the eight units have also been remodeled. This sale presents an incredible opportunity for a new owner/investor to own a stabilized asset located on a quiet and charming street in prime Boyle Heights. This asset provides ample parking for the tenants along with units that are in high rental demand. The buildings are also located in a State Enterprise and Opportunity zone which could allow for potential tax incentives (Buyer to verify).
Listing description from the October 2021 sale, as reported to CRMLS.
Sale history
