2727 E 4th St | Los Angeles, CA 90033
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- LoopNet Team
2727 E 4th St
Los Angeles, CA 90033
9 UNITS | BOYLE HEIGHTS | 4.93% CAP RATE · Multifamily Property For Sale
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9 Units
INVESTMENT HIGHLIGHTS
- We are pleased to present NINE Single-Story Units in Rapidly Gentrifying Boyle Heights Area of Los Angeles
- A Great Investment Opportunity that has Recent Capital Improvements which includes New Exterior Paint (and Wood-like Floors in Select Units)
- There are Minimal Landlord Expenses as All Units are Separately Metered for Gas & Electricity
- The property has an Attractive Unit Mix of Studios, 1 and 2 Bedroom Units
- This Income-Producing Investment yields a 4.93% Cap Rate on Current Rents & yet has Plenty of Room for Rental Upside Potential
- Property is Centrally Located within a Few Minutes to Downtown Los Angeles, the Arts District, Little Tokyo and the USC Hospital
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,186 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1923 |
| Zoning | LAC1 - Residential | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,186 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1923 |
| Zoning | LAC1 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 1 | - | - |
| Studios | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 5180-013-022 | Improvements Assessment | $468,180 |
| Land Assessment | $1,160,046 | Total Assessment | $1,628,226 |
PROPERTY TAXES
Parcel Number
5180-013-022
Land Assessment
$1,160,046
Improvements Assessment
$468,180
Total Assessment
$1,628,226
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