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2727 E 4th Street

Los Angeles, CA 90033
  • $1,899,000
  • STATUS: Active
  • ON SITE: 165 Days
  • ID#: SR21100592
UPDATED: 28 min ago
$1,899,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,186
    SQFT
  • $454
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Description

We are pleased to present the opportunity to acquire BUNGALOWS on 4th STREET. This offering encompasses nine (9) units in the Boyle Heights Sub Market of Los Angeles. The secured access building is approximately 4,186 SF and sits on a 7,003 SF corner lot zoned LAC1. The building has five (5) updated units, provides two (2) access entry points to each unit, and is separately metered for gas and electric with individual water heaters. The property has proven market rents of $1,350 for (0+1), $1,500 for (1+1), $2,000 for (2+1) with an additional 23% of potential rental upside for the new owner. This well located offering has great visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 101 FWY, 10 FWY, 60 FWY and DTLA add an additional touch of convenience.

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Based on information from CRISNet MLS as of 2021-10-24T14:56:15.227. 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.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, 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 the CSMAR MLS. 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.

Based on information from the i-Tech MLS as of 2021-10-24T14:56:15.227. 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.
www.thepayabgroup.com/homes/117033353
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2727 E 4th Street Los Angeles, CA 90033

  • Price: $1,899,000
  • Status: Active
  • Updated: 28 min ago
  • ID#: SR21100592
0
Beds
0
Baths
0
½ Baths
0.16
Acres
4,186
SQFT
$454
$/SQFT
1923
Built
Neighborhood:
Boyh - Boyle Heights
County:
Los Angeles
Area:
Boyh - Boyle Heights
Property Description
We are pleased to present the opportunity to acquire BUNGALOWS on 4th STREET. This offering encompasses nine (9) units in the Boyle Heights Sub Market of Los Angeles. The secured access building is approximately 4,186 SF and sits on a 7,003 SF corner lot zoned LAC1. The building has five (5) updated units, provides two (2) access entry points to each unit, and is separately metered for gas and electric with individual water heaters. The property has proven market rents of $1,350 for (0+1), $1,500 for (1+1), $2,000 for (2+1) with an additional 23% of potential rental upside for the new owner. This well located offering has great visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 101 FWY, 10 FWY, 60 FWY and DTLA add an additional touch of convenience.
Exterior Features

Levels One Lot Features Corner Lot Lot Size Area 7003.0000 Parking Total 0.00

Interior Features

Common Walls 2+ Common Walls Laundry Features None Laundry YN No

Property Features

Additional Parcels YN No Community Features Sidewalks Electric Expense 0.00 Fuel Expense 0.00 Gross Income 131002.00 Gross Scheduled Income 131002.00 Insurance Expense 0.00 Land Lease YN No Net Operating Income 80631.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 46440.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN Yes Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Lac1

Listing provided courtesy of Jared Levine, CA DRE# 01804008, of Keller Williams Realty Calabasas.


Based on information from CRISNet MLS as of 2021-10-24T14:56:15.227. 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.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, 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 the CSMAR MLS. 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.

Based on information from the i-Tech MLS as of 2021-10-24T14:56:15.227. 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.
 
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The Payab Group/Berkshire Hathaway HomeServices California Properties
16810 Ventura Blvd.
Encino CA, 91436