605 N St Louis, Los Angeles, CA 90033
- $939,000
List Agent Aaron Jacobson () 310-729-1559 Lyon Stahl Investment Real Estate, Inc.; CoList ()
- List Price
- $939,000
- Price Change
- ▼ $10,000 1788926243
- Status
- ACTIVE
- MLS#
- SB26096719
- Year Built
- 1923
- Lot Size
- 5,311
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 122
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
3 of 4 UNITS DELIVERD VACANT! 605 N St Louis is a 4-unit multifamily property in the Boyle Heights submarket of Los Angeles. The property includes 4 spacious units: (1) 2-Bed/1-bath owner's unit and (3) 1-Bed/1-bath units. For owner-users, it's a perfect opportunity to occupy one unit, while having the additional three cover your mortgage. The buyer can lease the units out at market rent and operate at a 6.91% Cap Rate and 10.36 GRM, with upside up to an 8.0% Cap Rate. All vacant units have been remodeled with new vinyl flooring, paint, common area landscaping, plumbing updates + more. Located in the heart of Boyle Heights, a vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, Boyle Heights offers a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene. It is in close proximity to the train line stop and within walking distance of Hollenbeck Park, restaurants, bars and nightlife.
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Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.