605 N St Louis, Los Angeles, CA 90033
- $939,000
Listing courtesy of Listing Agent: Aaron Jacobson (aaron@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
- List Price
- $939,000
- Status
- ACTIVE
- Days on Market
- 119
- Price Change
- ▼ $10,000 1788926243
- MLS#
- SB26096719
- Subtype
- Residential Income
- Year Built
- 1923
- Lot Size
- 5,311
- Acres
- 0.12
- MLS Area Major
- Boyle Heights (BOYH)
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 6.91% Cap Rate and 10.36 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.
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Additional Information
- Flooring
- Vinyl
- Appliances
- Gas Range
- Pool Type
- None
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.