605 N St Louis, Los Angeles, CA 90033

$975,000

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List Agent Aaron Jacobson () 310-729-1559 Lyon Stahl Investment Real Estate, Inc.; CoList ()

List Price
$975,000
Price Change
▼ $20,000 1781578574
Status
ACTIVE
MLS#
SB26096719
Year Built
1923
Lot Size
5,311
Lot Location
0-1 Unit/Acre
Days on Market
82
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

3 of 4 UNITS DELIVERED VACANT! 605 N St Louis St presents an excellent opportunity to acquire a well-located 4-Unit building in Boyle Heights. The property features (3) 1 Bed/1 Bath and (1) 2 Bed/1 Bath Units that are separately metered for electric, gas, and trash. The property is projected to operate at a 6.60% cap rate and 10.76 GRM, offering attractive upside in a strong Boyle Heights market. Property is renovated with updated plumbing and interiors, new flooring, new drywall, modern bathrooms, new kitchen cabinets, and laundry on site. The location offers a vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, with a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene.

Additional Information

Appliances
Gas Range
Pool Description
None
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

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.