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2722 E 2nd ST Los Angeles, CA 90033
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Key Details
Sold Price $1,100,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,608 sqft
Price per Sqft $421
MLS Listing ID 24380526
Sold Date 07/29/24
Bedrooms 7
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1954
Lot Size 6,751 Sqft
Property Description
We are pleased to present a three (3) property portfolio (may be sold together or separate) totaling nine (9) unit located in Los Angeles, California. The subject property is situated in an ideal East Los Angeles / Boyle Heights location, north of the -5 freeway and east of the -101 freeway. Built in 1954, 2722 E 2nd Street contains an exceptional unit mix of two (2) two-bedroom / one-bathroom units and one (1) three-bedroom / two-bathroom detached single-family residence. There is ample on-site parking available. Built in 1927, 1050 S Bonnie Beach Place contains a incredible unit mix of two (2) two-bedroom / one and a half-bathroom units and one (1) three-bedroom / one and a half-bathroom unit. There is positive initial cash flow at a 7.26% cap rate on current numbers. Additionally, there is potential to convert the carports into multiple ADU unit(s). Built in 1973, 926 S Ford Boulevard contains a streamlined unit mix of three (3) two-bedroom / one and a half-bathroom units with a bonus den. There is potential to convert the carports into multiple ADU unit(s). Situated in an ideal East Los Angeles / Boyle Heights location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire up to three (3) triplexes all within a few miles of each other.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAR2
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Appliance Built-In, Dishwasher, Oven, Range, Refrigerator, Range Hood, Dryer, Washer
Laundry Stacked
Exterior
Parking Features Driveway, Uncovered
Pool None
View Y/N Yes
View City Lights
Total Parking Spaces 4
Private Pool No
Building
Lot Description Landscaped, Rectangular Lot
Story 2
Entry Level Two
Architectural Style Craftsman
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5180013006
Special Listing Condition Standard
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