605 N St Louis, Los Angeles, CA 90033
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605 N St Louis, Los Angeles, CA 90033
605 N St Louis, Los Angeles, CA 90033
605 N St Louis, Los Angeles, CA 90033
605 N St Louis, Los Angeles, CA 90033
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Khash Khorramdel

Khash Khorramdel

+1(909) 678-6014
$ 949,000
Est. payment /mo
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Price Dropped by $26K

605 N St Louis Los Angeles, CA 90033

5,309 Sqft Lot

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26096719

HOA Y/N No

Year Built 1923

Lot Size 5,309 Sqft

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 6.8% Cap Rate and 10.4 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.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Flooring Vinyl

Fireplace No

Appliance Gas Range

Laundry Inside, Outside

Exterior

Pool None

Community Features Curbs, Suburban, Sidewalks, Urban

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5175027002

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, FHA

Listing Terms Cash, Cash to New Loan, Conventional, Contract, FHA

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559, DRE #02100737

NEARBY SCHOOLS & PROPERTIES

Khash Khorramdel

Khash Khorramdel

Advisor License ID: 02173890

+1(909) 678-6014

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605 N St Louis