3561 E Percy Street 3565 Los Angeles, CA 90023

Price
Not For Sale
Last Update
Dec 17th, 2020
Type
Off Market
Status
Off Market
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Off Market

Snapshot

Property Type
Other
Lot Size
0.17 acres
Property Sqft
MLS Number
DW20161555
Year Built
2020
Days On Market

Description

We are please to present this brand new 5-Unit Multi-Unit Development in the booming Boyle Heights. This ground-up construction project is ideal for anyone looking to add units to their investment portfolio. This 5 Unit investment property is scheduled to generate good cash flow (projected at 5.6% CAP) with the benefit of owning a low maintenance property for years to come. All units come with their own utility meters, passing all utility expenses onto the tenants. The large lot allows ample onsite parking for tenants which is rare to find in Los Angeles. There are approximately 10 assigned parking spaces with room to add 2 more spaces. This rapidly developing neighborhood has several new developments in the area, with two new projects just West of Subject on the same block. Location is sought out by both families and working professionals due to it's proximity to Downtown Los Angeles. There are a total of 3 separate buildings. Front Building consists of 2 Units with 3 bed & 2 bath each. Middle Building consists of 2 Units with 3 bed & 2 bath each. Rear Building is a standalone 2-story SFR with 4 bed and 2.5 bath. All units include their own in-unit washer and dryer, stainless steel refrigerator, stove and microwave hood, and dishwasher. All units are equipped with Central A/C and Heat as well as tankless water heaters.

More Details

Provider
Keller Williams - Downey-Pico
MLS ID
MRMLSCA
MLS Name
California Regional Multiple Listing Service, Inc
MLS Number
DW20161555
Source
listhub
PARTICIPANT
Name
Alex Valenzuela
Primary Phone
(562) 419-7588
Key
3YD-MRMLSCA-YVALEALE
Email
alex@reoreps.com
BROKER
Name
Keller Williams - Downey-Pico
Phone
(562) 862-7878
OFFICE
Name
Keller Williams Realty Downey
Phone
(562) 334-1500
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$2,495,000 Keller Williams SELA
Listed For Sale$2,495,000 Keller Williams SELA
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Nearby Schools

Middle School

Robert Louis Stevenson Middle

0.1 miles away06 - 08

Elementary School

Lorena Street Elementary

0.4 miles awayKG - 05

High School

Oscar De La Hoya Animo Charter High

0.5 miles away09 - 12
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