fbpx

$1,019,999
11 bed
6 bath
0 Sqft
6,926 Sqft lot

2120 Sheridan Street, Los Angeles, California 90033

  • Residential Income Property Type
  • 97 Days Time on market
  • 1963 Year Built
Property Description

Welcome to this absolutely stunning 5 unit income producing property for sale in prime Boyle Heights, this offering presents an excellent opportunity for any investor to capitalize on positive initial cash flow while having the ability to add value for strong rental upside in one of the most gentrifying markets of Los Angeles. Perfectly located on a corner lot with private alley access allows you truly appreciate this amazing setup. You have a 4 unit building consisting of four 2 bed 1 bath units over 1,000 sqft each and a separate detached 3 bedroom 2 bath single family home with it’s own two car garage giving you the ability to convert into an ADU and increase the value. All 5 units are individually metered and the single family home has its own water meter as well making it two water meters for the property. You have the potential for major upside while collecting very healthy rents. You generate up to $14K in rents a month, huge upside! Located in a very desirable location, within walking distance to shopping centers, restaurants, USC Medical Center, White Memorial Hospital, DTLA and much more. Tenants will love the convenience of being within walking distance to Soto Station, as well as a plethora of other rapidly developing amenities in the area that are driving ongoing growth and increased demand. Easy access to major freeway’s such as the 5 and 10 and 101 FWY. Boyle Heights is a mix of history and trendy coffee shops, restaurants, art and music. The signs of gentrification are clear as new development and companies moving into the area. This will not last!

Basic Details
Residential Income
Buy
PW24071520
$1,019,999
11
6
0 Sqft
1963
6,926 Sqft
Active
Mixed Use
Condos/Co-ops
Features
: Central, Wall Furnace
: Sidewalks, Curbs, Street Lights
1
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90033
2120 Sheridan Street
2120
Street
0
W119° 47' 27.8''
N34° 3' 3.5''
Additional Information
97
1
2
2
: Two
1
5,216 Sqft
1
0 Sqft
0 Sqft
0.16 Sqft
6,926 Sqft
1
: No Common Walls
0 Sqft
LAR2
5175017005
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
10/04/2024 17:10:31
$0
: Standard
Cash,CashtoNewLoan,Conventional,Submit
On the corner of Chicago and Sheridan St
Keller Williams Pacific Estate
Andrew Munoz
PB16299
PWMUNAND
$0
84
1
: Corner Lot, Item01unitacre
1
1
: Square Feet
1
1
2
5
5
2
5
5
D
5
73356
US-06037-N-5175017005-R-N
MixedUse
11/04/2024 00:21:40
Sheridan
BOYH - Boyle Heights
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$