Pacific Union Commercial, as the exclusive listing agent, is pleased to offer for sale this thirty-two (32) unit multifamily investment opportunity located in the City of Los Angeles. This two-story building was constructed of wood frame and stucco on a raised foundation built in 1926 with a square footage of 9,229 on a 6,055-square foot lot.
Meticulously landscaped and recently renovated, the subject property represents a very desirable asset in the supply-constrained Boyle Heights sub-market. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of twenty-four (24) bachelor units, six (6) studio units, and two (2) one-bedroom + one-bathroom units. The property is subject to the City of Los Angeles rent control regulation.
The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, new copper plumbing, double pane windows, recently painted, and master metered for gas and electricity.
PLEASE NOTE THE FOLLOWING:
1) DO NOT DISTURB TENANTS, DRIVE BY ONLY
2) Interior Inspection/Books & Records Granted with an Accepted Offer
3) Seller Selects all Services
4) Submit Current Proof of Funds
5) Submit Offer on Residential Income Property Purchase
Agreement - CAR form
Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information above and bears all risk for any inaccuracies.
