2422 E 3RD Street

    Los Angeles (City), CA 90033
    • $950,000
    • STATUS: Closed
    • ON SITE: 106 days
    • ID#: 19442864
    Sold - 04/10/2019
    $950,000
    SOLD - 04/10/2019
    • 9
      BEDS
    • 0.14
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $226
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    This low maintenance 4,200 SF 6-Unit Multi-Family Apartment Building in the Boyle Heights neighborhood of East Los Angeles is located on 6,230 SF R1.5 zoned TOC Tier 3 lot. The property consists of a total of 6 units. The ground floor has 3 units consisting of (2) 1+1 units and (1) 2+1 unit. The second floor consists of (2) 1+1 units and(1) 3+1 unit. Two of the 1+1 units are currently vacant. All other tenants are currently on a month to month tenancy.The property is also located 0.2 miles (5 min walk) from the SOTO GOLD LINE METRO STATION connecting you to Union Station in Downtown LA (only 4 stops away) and Pasadena area. This area is considered a WALKER'S PARADISE with a score of 90. This opportunity is located in one of the most up & coming areas of Los Angeles. It will attract an investor looking to purchase a low maintenance multi-family property in a growing area within walking distance to public transportation, parks, schools & shopping

    Sold by David Yashar BRE#01102638 of Keller Williams Realty Westside.

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    Based on information from CARETS as of 2019-06-26T22:51:11.393. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/92577247

    2422 E 3RD Street Los Angeles (City), CA 90033

    • Price: $1,195,000
    • Status: Closed
    • Updated: 46 min ago
    • ID#: 19442864
    9
    Beds
    6
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,200
    SQFT
    $226
    $/SQFT
    1957
    Built
    Neighborhood:
    Boyle Heights (BOYH)
    County:
    Los Angeles
    Area:
    Boyle Heights (BOYH)
    Property Description
    This low maintenance 4,200 SF 6-Unit Multi-Family Apartment Building in the Boyle Heights neighborhood of East Los Angeles is located on 6,230 SF R1.5 zoned TOC Tier 3 lot. The property consists of a total of 6 units. The ground floor has 3 units consisting of (2) 1+1 units and (1) 2+1 unit. The second floor consists of (2) 1+1 units and(1) 3+1 unit. Two of the 1+1 units are currently vacant. All other tenants are currently on a month to month tenancy.The property is also located 0.2 miles (5 min walk) from the SOTO GOLD LINE METRO STATION connecting you to Union Station in Downtown LA (only 4 stops away) and Pasadena area. This area is considered a WALKER'S PARADISE with a score of 90. This opportunity is located in one of the most up & coming areas of Los Angeles. It will attract an investor looking to purchase a low maintenance multi-family property in a growing area within walking distance to public transportation, parks, schools & shopping
    Exterior Features

    Parking Spaces Total 6 Parking Type Carport Detached

    Interior Features

    Cooling Type Wall Or Window UnitsCeiling Fan(S) Heating Fuel Natural Gas Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 2 Unit Number Of Bed03 1 Unit Number Of Bed04 1 Unit Number Of Bed05 3

    Property Features

    Adjusted Gross Income 51285.00 Assessed Improvement Value 441660.00 Assessed Land Value 306000.00 Country United States Of America Expense Total Annual 27093.00 Gross Operating Income 51285.00 Gross Rent Multiplier 14.70 Hoa YN N Legal Disclosures Rent Control Lot Size Source Public Records Net Operating Income 24192.00 Number Of Buildings 1 Special Conditions Real Estate Owned Square Footage Source Vendor Enhanced Unit Monthly Rent01 1300.00 Unit Monthly Rent02 1052.99 Unit Monthly Rent03 962.24 Unit Monthly Rent04 1030.00 Unit Monthly Rent05 1228.52 Unit Projected Total Monthly Rent01 2600.00 Unit Projected Total Monthly Rent02 1650.00 Unit Projected Total Monthly Rent03 1300.00 Unit Projected Total Monthly Rent04 1300.00 Unit Projected Total Monthly Rent05 2150.00 Unit Total Monthly Rent01 0.00 Unit Total Monthly Rent02 1052.99 Unit Total Monthly Rent03 962.24 Unit Total Monthly Rent04 1030.00 Unit Total Monthly Rent05 1228.52 Unit Type01 2 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 6 Zoning Lard1.5

    Listing provided courtesy of David Yashar DRE#01102638 of Keller Williams Realty Westside.


    Based on information from CARETS as of 2019-06-26T22:51:11.393. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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