667-669 N Boyle Ave - Apartments FOR SALE


Los Angeles, CA 90033- Boyle Heights
$1,050,000 USD
323-376-2469
667-669 N Boyle Ave, Los Angeles, CA for Sale
$1,050,000 USD
Apartments - FOR SALE
1/9
null | 6.01% Cap Rate

667-669 N Boyle Ave
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • Priced Above a 6.00% CAP Rate
  • Mostly Two-Bedroom Units
  • Approximately 46% Rental Upside
  • Located in Boyle Heights
  • Parking for Each Unit

OVERVIEW

669 N. Boyle Avenue is a 6-unit apartment complex located in Boyle Heights. The property consists of two separate structures: one structure built in 1901, and the other one built in 1966. The unit composition includes two (2) one-bedroom units and four (4) two-bedroom units spread across 4,598 rentable square feet. The assets are near Cesar Chavez Avenue and within close proximity to multiple freeways and Prospect Park.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

6

PRICE/UNIT

$175,000

CAP RATE

6.01%

% 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

1901

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,600 SF

ZONING

LARD1.5

APN/PARCEL ID

5174-004-021

ASK ABOUT THIS PROPERTY

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323-376-2469

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323-376-2469

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