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$3,799,000
Est. payment /mo
0.43 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB25187229
HOA Y/N No
Year Built 1928
Lot Size 0.430 Acres
Property Sub-Type Apartment
Property Description
The subject is a "mixed use" income property comprised of a 16 unit multi-family apartment building (built in 1961) and a separate 3 unit retail building. The property is located at the corner of a signalized intersection (Boyle and East 4th St) in the heart of Boyle Heights and adjacent to Downtown L.A. The two buildings sit on a large C2 lot located in the East Los Angeles Enterprise Zone with an Overlay Mixed Use Neighborhood Community Plan. Several of the units enjoy an incredible view of Downtown L.A. and 6th Street Bridge. Most of the units are singles, one unit is 1 bed/1 bath, and one unit is a 3 bed/2 bath. The property has been owned by the same family that built the residential units and have maintained it well with several upgrades. The property has been Earthquake Retrofitted back in June 2023. *Seller carryback financing is an option*
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAC2
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description Corner Lot, Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5174002013
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Special Listing Condition Standard
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Listed by JACK HADJINIAN CENTURY 21 REALTY MASTERS JACK@JACKHADJINIAN.COM
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