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13 photos
Additional details
$720,000
Est. payment /mo
5 Beds
3 Baths
1,698 SqFt
UPDATED:
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
HOA Y/N No
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
Fireplace No
Appliance Gas Cooktop, Refrigerator
Laundry None
Exterior
Parking Features Driveway
Total Parking Spaces 5
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5309008014
Special Listing Condition Standard
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Listed by Shaya Braverman • Keller Williams Beverly Hills