451 S Breed St - Apartments FOR SALE


Los Angeles, CA 90033- Boyle Heights
$924,995 USD
949-689-5637
451 S Breed St, Los Angeles, CA for Sale
$924,995 USD
Apartments - FOR SALE
1/18
null | 6.47% Cap Rate

451 S Breed St
Los Angeles, CA 90033
Boyle Heights


OVERVIEW

Excellent Boyle Heights location. A classic Los Angeles turn of the century single family home with a separate four unit apartment building on one lot. One unit can be delivered vacant or leased and professionally managed based on the Buyer's needs. Zoned LARD1.5 multifamily residential. The front house has been renovated and leased at market rate. The fourplex has a mix older and newer renovations. Excellent opportunity to achieve attractive cash flows. -This property is priced to sell with a real 6.5% CAP rate on current rents. Lots of upside potential for this property. Boyle Heights is one of LA's most iconic neighborhoods, close to parks, schools and access to nearby employment and entertainment centers. The front house is 3 beds, 2baths. The fourplex units are all 2 bed 1bath. Five off street parking spaces with security gate access.

FOR SALE DETAILS

PRICE

$924,995 USD

PRICE/SF

$237 USD /SF

# OF UNITS

5

PRICE/UNIT

$184,999

CAP RATE

6.47%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1895

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,499 SF

ZONING

LARD1.5

APN/PARCEL ID

5183-017-019

ASK ABOUT THIS PROPERTY

Alan ZemekLRS Realty & Management, Inc.More Info
949-689-5637

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

Alan ZemekLRS Realty & Management, Inc.More Info
949-689-5637

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