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    2727 E 4th Street

    Los Angeles (City), CA 90033
    • $1,899,000
    • STATUS: Active
    • ON SITE: 136 days
    • ID#: SR21100592
    $1,899,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    We are pleased to present the opportunity to acquire BUNGALOWS on 4th STREET. This offering encompasses nine (9) units in the Boyle Heights Sub Market of Los Angeles. The secured access building is approximately 4,186 SF and sits on a 7,003 SF corner lot zoned LAC1. The building has five (5) updated units, provides two (2) access entry points to each unit, and is separately metered for gas and electric with individual water heaters. The property has proven market rents of $1,350 for (0+1), $1,500 for (1+1), $2,000 for (2+1) with an additional 23% of potential rental upside for the new owner. This well located offering has great visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 101 FWY, 10 FWY, 60 FWY and DTLA add an additional touch of convenience.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-25T00:28:11.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
    www.homesinthehighdesert.com/homes/117034019
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    2727 E 4th Street Los Angeles (City), CA 90033

    • Price: $1,899,000
    • Status: Active
    • ID#: SR21100592
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1923
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    We are pleased to present the opportunity to acquire BUNGALOWS on 4th STREET. This offering encompasses nine (9) units in the Boyle Heights Sub Market of Los Angeles. The secured access building is approximately 4,186 SF and sits on a 7,003 SF corner lot zoned LAC1. The building has five (5) updated units, provides two (2) access entry points to each unit, and is separately metered for gas and electric with individual water heaters. The property has proven market rents of $1,350 for (0+1), $1,500 for (1+1), $2,000 for (2+1) with an additional 23% of potential rental upside for the new owner. This well located offering has great visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 101 FWY, 10 FWY, 60 FWY and DTLA add an additional touch of convenience.
    Exterior Features

    Lot Features Corner Lot Number Of Separate Electric Meters 9 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 131002 Gross Scheduled Income 131002 Insurance Expense 0 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 80631 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 46440 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 3930 Water Sewer Expense 0 Water Source Public Zoning Lac1

    Listing provided courtesy of Jared Levine of Keller Williams Realty Calabasas


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-25T00:28:11.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
     
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