Value-add 4-unit property in Boyle Heights. Front unit is tenant-occupied; three rear units are vacant and require substantial rehabilitation prior to occupancy. Ideal for investors seeking a heavy rehab project in a strong rental market. Property sold as-is, where-is, with no warranties as to condition or future use.
Property listed by REAL BROKER, NICHOLAS CARDENAS 310-259-7556
Listing Snapshot
Days Online
32
Last Updated
Property Type
Quadruplex
Lot Size
0.11 Acres
Year Built
1924
MLS Number
IV26024374
Additional Details
Building
Built in 1924, 2 buildings, 2 stories, Entry level: 1, Entry location: Front
Community
Suburban
Expenses
Insurance: $1,500, Operating: $6,000
Home Owner's Association
Association Fee: $0
Income
Gross Income: $15,000, Gross ScheduledIncome: $15,000, Net Operating Income: $8,550
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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