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Fatima Malik

fatima.malik@evrealestate.com +1(310) 968-2085

$ 925,000

Est. payment -/mo

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607 N St Louis St Los Angeles, CA 90033

5 Beds

4 Baths

2,598 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,598 sqft

Price per Sqft $356

MLS Listing ID 26106661

Bedrooms 5

Year Built 1923

Lot Size 5,311 Sqft

Acres 0.1219

Property Sub-Type Multi-Family

Property Description

BOYLE HEIGHTS FOURPLEX WITH 3 UNITS VACANT AT CLOSE! Offered at $925,000, 607 N St Louis Street is a four-unit property featuring (1) 2-bedroom/1-bathroom unit and (3) 1-bedroom/1-bathroom units. Three units have renovated interiors and will be delivered vacant, allowing a buyer to set market rents or occupy one unit and rent the others. Built in 1923, the property offers 2,598 rentable square feet on a 5,311-square-foot lot, with gated on-site parking. Gas and electricity are separately metered, and tenants pay gas, electricity, and trash. The property offers a projected 7.00% cap rate and 10.20 GRM, with an estimated 13.58% rental upside to an 8.29% pro forma cap rate. Located near Downtown Los Angeles, the Arts District, and USC's Health Sciences Campus, the property offers convenient access to the 5, 10, 60, and 101 freeways.

Location

State CA

County Los Angeles

Area Boyle Heights

Zoning LAR2

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Building

Water Public

Level or Stories One

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

NEARBY SCHOOLS & PROPERTIES

Fatima Malik

Broker Associate License ID: 01950831

+1(310) 968-2085

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