Property Detail
Description
We are excited to present a prime investment opportunity with a beautifully maintained5-unit apartment building located at 203 S St Louis St in the rapidly developing neighborhood of Boyle Heights, Los Angeles. Situated near key attractions such as Dodger Stadium and Crypto Arena, this property is strategically positioned to benefit from the area's ongoing growth and revitalization. Spanning a total square footage of 3,976 on a 5,939 SF lot zonedLARD2, this asset offers significant potential for value appreciation. The property features a well-structured mix of units: one 3-bedroom,2-bath unit; two 2-bedroom, 1-bath units; and two 1-bedroom,1-bath units. Each unit is individually metered for gas and electricity, ensuring operational efficiency and streamlined management The property's excellent location provides easy access to public transportation, with bus and metro stations just a short walk away, enhancing its appeal to tenants and increasing occupancy potential. Given the ongoing developments in Boyle Heights and the surrounding areas, investors can expect robust rental demand and promising returns. This investment not only offers immediate cash flow potential but also the opportunity to capitalize on a burgeoning market poised for long-term growth. Don't miss your chance to secure a valuable asset in an increasingly desirable location.
Map Location
Listing provided courtesy of Derrick Vartanian of Lyon Stahl Investment Real Estate, Inc.. Last updated 2024-11-29 09:11:24.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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