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$1,379,500
8 bed
7 bath
0 Sqft
7,137 Sqft lot

2518 E Pomeroy Avenue, Los Angeles, California 90033

  • Residential Income Property Type
  • 14 Days Time on market
  • 1928 Year Built
Property Description

Great investment property in gentrifying Boyle Heights. These two separate buildings of 7 units that consist of (4) 1 bedroom/1 bath, (2) 2 bedrooms/1 bath and (1) studio with kitchen. The 1 bedroom unit over the 5 garages in the back of the building has private backyard. The two bedroom upstairs units have high ceilings, measure about 850 sq.ft. and have back patios with views of the DTLA skyline. Two of the bottom units are spacious and with high ceilings also. Some of the units have washer/dryer hook-ups. All units have private water heaters.This property has easy access to the #10, 5 and 710 freeways. The location is perfect to DTLA,LAC&USC medical centers, CSULA, East Los Angeles, Occupational Center, Art District,Chinatown,Little Tokyo,Dodger Stadium, Monterey Park Golf and Alhambra. Nearby are elementary schools, store, gas station, bus transportation, Metro, Starbucks and an electric circuit charging station. 6.6% CAP RATE, annual rents $112,596 **PLEASE DON’T WALK ON THE PROPERTY AND DON’T DISTURB THE TENANTS. Submit all offers subject to interior inspection. Some tenants are long term for about 25 years.

Property sold as is, NO repairs.

Basic Details
Residential Income
Buy
WS24135437
$1,379,500
8
7
0 Sqft
1928
7,137 Sqft
Active
Coownership
Features
: Wall Furnace, Natural Gas
: Dryer, Washer, Gas Range, Gas Oven
: Sidewalks
5
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90033
2518 E Pomeroy Avenue
2518
Avenue
0
E0° 0' 0''
N0° 0' 0''
E
Additional Information
14
1
2
2
: Two
1
: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, See Remarks
5
6,425 Sqft
1
0 Sqft
0 Sqft
: Balcony, Granite Counters
0.16 Sqft
7,137 Sqft
1
: 1 Common Wall
0 Sqft
LAR2
5177008014
$0
$0
$0
$2,950
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
02/07/2024 11:02:21
$0
: Standard
CashtoNewLoan,Conventional,1031 Exchange,Owner Wil
Soto and Marengo
RELIABLE REALTY SERVS.
CARLOS CESPEDES
7417
W70564
$0
7.1
0
: Electricityonproperty
: Laminate
1
: Item610unitsacre
1
: Cable Available, Electricity Connected, Natural Gas Connected, Water Available, Phone Connected, Sewer Connected
: Double Pane Windows
1
: Square Feet
: Coownership
1
1
3 stoves, 3 refrigerators, 1 microwave, 1 washer/1
2
7
7
0
7
7
Fixer,TermiteClearance
Smoke Detector(s),Security Lights
24
14
106131
US-06037-N-5177008014-R-N
CoOwnership
02/07/2024 19:18:07
Pomeroy
BOYH - Boyle Heights
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