Property will be delivered 100% Vacant by Close of Escrow! 8.8% Cap Rate! One of the best in Los Angeles County! 2028 E 3rd St is a meticulously remodeled 5 Unit Apartment in the heart of Los Angeles. Boasting an excellent unit mx with (2) 2-Bed/1-Bath, (2) 3-Bed/1-Bath and (1) 4-Bed/2-Bath units, each unit has been renovated with contemporary fixtures, new flooring, modern bathrooms, and in unit laundry hookups. This 4-Bed/2-Bath unit comes as a detached residence with private alley access and it's own two car garage. The offering comes with endless opportunity, highlighted by this garage that can be converted into an ADU (Buyer to Verify). This offering presents an investor the opportunity to acquire a fully tenant-ready Asset in Boyle Heights operating at a 8.80% Cap Rate and 8.16 GRM. Offered at only $316/Sq. Ft, this turn-key apartment is fit for any investor to add a cash cow to their apartment portfolio. Boyle Heights is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. 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. With a close prox
MLS #
CRSB24016974
MLS Source
California Regional MLS
Appliances
Other
Garage/Parking
Garage: 2 Car(s)
Listing Agent
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
License #: 02100737
Phone: (310) 729-1559
Co-Listing Agent
Cameron Samimi
License #: 02035763
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
2028 E 3rd St is a Residential Income in Los Angeles, CA 90033. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1925.
This address can also be written as 2028 E 3rd St, Los Angeles, CA 90033.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 30, 2024. For the most current information, please contact Aaron Jacobson, (310) 729-1559