Welcome to an exceptional value-add investment opportunity in the heart of Boyle Heights — 1822 Bridge Street, a 10-unit multifamily asset with strong fundamentals and meaningful upside.
Key Features:
Solid, Class C construction: Built in 1965, the building provides a stable long-term foundation for renovation, modernization, or repositioning.
Unit mix optimized for flexibility: The property features 5 two-bedroom / 1-bath units, 4 one-bedroom / 1-bath units, and 1 studio — a well-balanced portfolio.
Vacancy / value-add potential: Three units will be delivered vacant at close of escrow. Additionally, two more units may be vacated immediately under new ownership, creating room for renovation to market rents.
Parking + expansion upside: Includes 10 surface parking spaces plus a one-car garage. Strong potential for ADU (Accessory Dwelling Unit) development or partial redevelopment — buyer to verify.
Strategic location: Minutes from White Memorial Hospital, with immediate access to major freeways (101, 5, and 10), making it convenient for commuters and health-care professionals.