3422 E 5TH Street

    Los Angeles (City), CA 90063
    • $675,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: 20567346
    UPDATED: 63 min ago
    $675,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    Check out this Boyle Heights prospective cash cow, which is aggressively priced at only $168k per door! This 4-unit property has massive value-add potential, with a 9.94% pro forma cap rate and an 8.04 pro forma GRM! The building has 4 1bed/1bath units with a significant 100% upside in rents. It has an excellent location in the up and coming Boyle Heights area just minutes away from DTLA. All units are individually metered for gas & electricity. There is a large backyard and parking is available for all 4 units.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T15:30:11.153. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/104579713

    3422 E 5TH Street Los Angeles (City), CA 90063

    • Price: $675,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: 20567346
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1908
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    Check out this Boyle Heights prospective cash cow, which is aggressively priced at only $168k per door! This 4-unit property has massive value-add potential, with a 9.94% pro forma cap rate and an 8.04 pro forma GRM! The building has 4 1bed/1bath units with a significant 100% upside in rents. It has an excellent location in the up and coming Boyle Heights area just minutes away from DTLA. All units are individually metered for gas & electricity. There is a large backyard and parking is available for all 4 units.
    Exterior Features

    Lot Size Units Square Feet Parking Features DrivewayOversized Parking YN Yes

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Land Lease YN No Net Operating Income 0.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 0.00 Vacancy Allowance Rate 0.00 Zoning Lar2

    Listing provided courtesy of Jacqueline Valenzuela of Movoto, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T15:30:11.153. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003