223 N St. Louis Street, Los Angeles, CA 90033
Fourplex · 2 recorded sales since 2013
Sold January 2017
Listing Agent: ARNOLD VER (DRE #00923517) · Listing Office: RE/MAX 2000 REALTY · Contact: 626-964-8999 · Bought with: Thomas K. Chung · Masters Realty Group · MLS #CV16127340 · Source: CRMLS
About this fourplex
This is an amazing brand new construction project just rented out. Only a few yards across the police station and in the heart of Boyle Heights, it is only 10 min. to the Arts District and to DTLA. Very close to stores, main streets, schools and convenient access to the 5, 10 and 60 FWY, this 4 unit complex gives your tenants condo-style living. There are 2 separate duplexes each with upper and lower level units complete with the modern luxury. The units have expansive open floor plans where the living room, dining and gourmet kitchen flow seamlessly. The vaulted ceilings and skylights are congruent with that open vast feel. The spacious master bedrooms have master bath with great finishes! The kitchen is one for entertainers with classic quartz counter tops, stainless steel appliance line in each unit and plenty of cabinet space. All units are 3bd 2ba, 1248 sq. ft. furnished with refrigerators, washers/dryers and 2 parking spaces for each. This is perfect for an investor looking for a sound investment in a hot area. All utilities have separate meters for electric, gas and water, and maintenance/repairs at very minimum. Upper units now rented for $2800/unit, lower for $2600/unit. Very attractive CAP Rate of 5.7 and GRM of 12.3 CHECK OUT THE PHOTOS, DRIVE-BY SHOWING, offer subject to interior inspection.
Listing description from the January 2017 sale, as reported to CRMLS.
Sale history
