605 N St Louis, Los Angeles, CA 90033
- $975,000
- List Price
- $975,000
- Price Change
- ▼ $20,000 1781578574
- Status
- ACTIVE
- MLS#
- SB26096719
- Year Built
- 1923
- Lot Size
- 5,311
- Acres
- 0.12
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 78
- 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.
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Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $90,642
- Operating Expense
- 23535
Listing courtesy of Listing Agent: Aaron Jacobson (aaron@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
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