3412 E 3rd St - Apartments FOR SALE


Los Angeles, CA 90063- Boyle Heights
$1,175,000 USD
626-344-0187
3412 E 3rd St, Los Angeles, CA for Sale
$1,175,000 USD
Apartments - FOR SALE
1/23
null | 4.54% Cap Rate

3412 E 3rd St
Los Angeles, CA 90063
Boyle Heights


OVERVIEW

Compass Commercial is pleased to present 3412 E 3rd St, a 5-unit two-story building situated in the heart of Boyle Heights. The building is comprised of (3) 2Bd/1Ba and (2) studio units with (5) on-site parking for each unit. The property has been well maintained, generating stable and dependable in-place cash flow, while continuing to present meaningful value-add potential through strategic renovations, rent growth, and operational enhancement. This asset offers a balance of immediate income and future upside, with the ability to enhance returns over time while benefitting from the area's continued growth and demand. Please reach out to Young Kim directly for a copy of the OM.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$389 USD /SF

# OF UNITS

5

PRICE/UNIT

$235,000

CAP RATE

4.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R2

APN/PARCEL ID

5179-013-025

ASK ABOUT THIS PROPERTY

Young KimCompass Real EstateMore Info
626-344-0187

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Young KimCompass Real EstateMore Info
626-344-0187

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.