5155 Henderson ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90032
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,698 sqft
Price per Sqft $424
MLS Listing ID 25541715
Bedrooms 5
Year Built 1923
Lot Size 5,780 Sqft
Property Description
Tucked just a few blocks from the heart of Lincoln Heights, this triplex is a great long-term play. It's priced at $424 per square foot and currently operates at a2.77% CAP, but there's big upside market rents push the numbers to a 6.27%CAP. Ideal for an owner who's not afraid to do a little work and unlock some serious value. Add some basic improvements, bring rents to market, and you're sitting on a strong performer in a neighborhood with a lot of momentum. Can be purchased with 1909 Johnston Street.
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning LAR1
Interior
Heating Wall Furnace
Laundry None
Exterior
Parking Features Driveway
Building
New Construction No
Others
Special Listing Condition Standard