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2819 E 3rd St
Los Angeles, CA 90033
Add Value in Prime Boyle Heights! 5 Units · Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Prime Boyle Heights Location & Major Value Add Opportunity
  • Possible ADU Opportunity in Garage Area
  • Close Proximity to Tenant Amenities Such As, Evergreen Park, Public Transportation, Retail and Dining Options Along 1st St.
  • Attractive Seller Financing Available! 70% LTV 30% Down payment. Seller Financing for 30 years at 3.5%, Fully Amortized for 30 years!
  • Ideal Unit Mix 3 One Bed Units and 2 Two Bed Units
  • Proforma Cap Rate of 7.4% and 8.7 GRM

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.14 AC
Building Size 3,348 SF
Average Occupancy 100%
No. Stories 2
Year Built 1969
Parking Ratio 2.09/1,000 SF
Zoning R2 - Two family Dwelling

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Yard
  • Family Room
  • Garden

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $1,352 761
1+1 3 $1,083 609

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5180-013-038
Land Assessment
$110,785
Improvements Assessment
$243,743
Total Assessment
$354,528
  • Listing ID: 32643030

  • Date on Market: 7/31/2024

  • Last Updated:

  • Address: 2819 E 3rd St, Los Angeles, CA 90033

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