14
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$995,000
Est. payment /mo
5,309 Sqft Lot
Open Sat 1PM-3PM
605 N St Louis Los Angeles, CA 90033
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Open House
Sat Jun 06, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26096719
HOA Y/N No
Year Built 1923
Lot Size 5,309 Sqft
Property Sub-Type Apartment
Property Description
3 of 4 UNITS DELIVERED VACANT! 605 N St Louis St presents an excellent opportunity to acquire a well-located 4-Unit building in Boyle Heights. The property features (3) 1 Bed/1 Bath and (1) 2 Bed/1 Bath Units that are separately metered for electric, gas, and trash. The property is projected to operate at a 6.45% cap rate and 10.98 GRM, offering attractive upside in a strong Boyle Heights market. Property is renovated with updated plumbing and interiors, new flooring, new drywall, modern bathrooms, new kitchen cabinets, and laundry on site. The location offers a vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, with a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Flooring Vinyl
Fireplace No
Appliance Gas Range
Laundry Inside, Outside
Exterior
Pool None
Community Features Curbs, Suburban, Sidewalks, Urban
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5175027002
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, FHA
Listing Terms Cash, Cash to New Loan, Conventional, Contract, FHA
Special Listing Condition Standard
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559, DRE #02100737