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$ 924,995
Est. payment /mo
Active Under Contract
451 S Breed Los Angeles, CA 90033
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID OC25235153
HOA Y/N No
Year Built 1895
Property Sub-Type Apartment
Property Description
Excellent Boyle Heights location. A classic Los Angeles turn of the century single family home with a separate four unit apartment building on one lot.
One unit can be delivered vacant or leased and professionally managed based on the Buyer's needs. Zoned LARD1.5 multifamily residential. The front house has been renovated and leased at market rate. The fourplex has a mix older and newer renovations. Excellent opportunity to achieve attractive cash flows. -This property is priced to sell with a real 6.3% CAP rate on current rents. Lots of upside potential for this property. Boyle Heights is one of LA's most iconic neighborhoods, close to parks, schools and access to nearby employment and entertainment centers. The front house is 3 beds, 2baths.
The fourplex units are all 2 bed 1bath. Five off street parking spaces with security gate access.
One unit can be delivered vacant or leased and professionally managed based on the Buyer's needs. Zoned LARD1.5 multifamily residential. The front house has been renovated and leased at market rate. The fourplex has a mix older and newer renovations. Excellent opportunity to achieve attractive cash flows. -This property is priced to sell with a real 6.3% CAP rate on current rents. Lots of upside potential for this property. Boyle Heights is one of LA's most iconic neighborhoods, close to parks, schools and access to nearby employment and entertainment centers. The front house is 3 beds, 2baths.
The fourplex units are all 2 bed 1bath. Five off street parking spaces with security gate access.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks, Urban
Total Parking Spaces 5
Private Pool No
Building
Lot Description 16-20 Units/Acre, Rectangular Lot, Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5183017019
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Alan Zemek LRS Realty & Management Inc alan@lrsrm.com
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