7 Beds
3 Baths
2,747 SqFt
7 Beds
3 Baths
2,747 SqFt
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,747 sqft
Price per Sqft $418
MLS Listing ID SR26154374
Bedrooms 7
Full Baths 3
HOA Y/N No
Year Built 1961
Lot Size 5,079 Sqft
Property Sub-Type Mixed Use
Property Description
Well maintained, freshly painted. This property consists of a detached 3beds/1bath, (2 units) 2beds/1bath and a Studio, all current occupied. All units are separated addressed, enhancing tenant privacy and operational flexibility. Excellent for anyone seasoned investor or first time buyer looking to live in one and profit from the other units. All tenants are reported by the seller to be good long tenants.
Prime Boyle Heights location just minutes from Downtown Los Angeles with convenient access to the I-10, I-5, I-710, and US-101 freeways, making commuting throughout Los Angeles easy. Close to major employment centers, shopping, dining, public transportation, and medical facilities including Los Angeles General Medical Center (formerly LAC+USC Medical Center). Excellent location with strong rental demand, making this an attractive opportunity for investors and owner-users alike.
** IDEAL TO BUY AND HOLD INVESTORS, MULTI GENERATIONAL LIVING, OR OWNER OCCUPANTS SEEKING RENTAL INCOMES**
CURRENT RENT ROLL:
Main House 326 Velasco Ave 3bed/1 bath $3,000
3501 E 3rd 2bed/1 bath : $1,300
3501 1/2 E Ave 2bed/1bath $1,800
Studio : $900
Annual Income : $7,050
Gross Annual Income; $84,600
**Buyer and buyer's agent to independly verify all information and perform their own due diligence. Listing agent, broker and seller make no warranties or representation. Photos have been edited to Gove buyers a vision and to remove tenants personal items**
Location
State CA
County Los Angeles
Area C02 - Beverly Hills Post Office
Rooms
Main Level Bedrooms 7
Interior
Interior Features Bedroom on Main Level
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N No
View None
Total Parking Spaces 7
Private Pool No
Building
Lot Description Corner Lot, Near Public Transit, Walkstreet
Dwelling Type Mixed Use
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5179014055
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange
Special Listing Condition Standard
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