432 S St Louis Street, Los Angeles, CA 90033
Property
Sold January 2023
Listing Agent: Sevak Keshishian (DRE #01887505) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Sevak Keshishian · Marcus & Millichap · MLS #22224875 · Source: CRMLS
About this property
We are pleased to present 432 South St. Louis Street, a 10-unit apartment building located in Boyle Heights. Built in 1923, this 4,257 square foot property sits on a 7,570 square foot lot and is comprised of all studio units which are all occupied. Eight of the units are approximately 400 square feet and two are approximately 660 square feet (Square footages not guaranteed by Seller or Brokers. Buyers to conduct their own investigation). The property has no on-site parking or laundry and has very minimal landscaping requirements. All the units are individually metered gas and electricity. This property boasts a rental upside of approximately 80%+, allowing an investor to capture this upside through interior renovations at the time of vacancies. Located directly across the street from Hollenbeck Park, just north of Whittier Blvd and west of North Soto Street, the property has a walk score of 81 and is just a short drive to many of the local shops, restaurants, schools, and places of business along the Whittier Boulevard and East Cesar Chavez Avenue thoroughfares. The property is in proximity to Downtown Los Angeles and the rapidly changing/improving Arts District. For commuters, the property is conveniently located within minutes of the 5, 10, 101, 60, 110 and 710 Freeways providing easy access throughout Los Angeles County.
Listing description from the January 2023 sale, as reported to CRMLS.
Sale history