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    3108 E 4Th Street

    Los Angeles (City), CA 90063
    • $1,295,000
    • STATUS: Active
    • ON SITE: 32 Days
    • ID#: 21783004
    UPDATED: 53 min ago
    $1,295,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Three units potentially vacant at COE! Mixed use project in exciting Boyle Heights location needs new investor - fresh vision to complete repositioning and enjoy cash-flowing asset in growth area with proforma cap rate of 8.17% and GRM of 9.05. Property consists of 3 street level store fronts, 2 studio apartments (ground level) and 3 1b1b units (second floor), along with a stand alone 2b1b house. Three units potentially vacant at close of escrow (1 store front, 1 studio and 1 one bed one bath). High traffic location at signalized intersection just minutes to DTLA / Arts District with close proximity to Metro Goldline, Hollenbeck Park and Sixth St. Bridge Project. This neighborhood is at once historic and forward looking with significant development and reinvestment already underway, don't miss your chance to take part in the bright future of Boyle Heights. Potential portfolio sale with additional 7 unit mixed use offering across the street at 324 S. Fresno Street, and 4 units at 3007 E. 4th contact listing agent for details.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T10:26:14.627. 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 Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/121395304
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    3108 E 4Th Street Los Angeles (City), CA 90063

    • Price: $1,295,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: 21783004
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1923
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    Three units potentially vacant at COE! Mixed use project in exciting Boyle Heights location needs new investor - fresh vision to complete repositioning and enjoy cash-flowing asset in growth area with proforma cap rate of 8.17% and GRM of 9.05. Property consists of 3 street level store fronts, 2 studio apartments (ground level) and 3 1b1b units (second floor), along with a stand alone 2b1b house. Three units potentially vacant at close of escrow (1 store front, 1 studio and 1 one bed one bath). High traffic location at signalized intersection just minutes to DTLA / Arts District with close proximity to Metro Goldline, Hollenbeck Park and Sixth St. Bridge Project. This neighborhood is at once historic and forward looking with significant development and reinvestment already underway, don't miss your chance to take part in the bright future of Boyle Heights. Potential portfolio sale with additional 7 unit mixed use offering across the street at 324 S. Fresno Street, and 4 units at 3007 E. 4th contact listing agent for details.
    Exterior Features

    Architectural Style Traditional

    Interior Features

    Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Disclosures Rent Control Gross Income 117867 Laundry Features None Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 82160 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lac2

    Listing provided courtesy of Joel Nass of Clint Lukens Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T10:26:14.627. 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 Keller Williams Realty. Licensed in the State of California, USA.
     
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