Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Danny Navarro, DRE #01938421 • Century 21 Allstars

$1,299,000

Est. payment - /mo

5,843 Sqft Lot

Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRDW25045422

Year Built 1938

Lot Size 5,843 Sqft

Source California Regional MLS

Property Description

One of the Five Units will be vacant Close of Escrow! 6.54% Cap Rate $91,680 / annually income. One of the best in Los Angeles County! 2432 Fairmount St is a meticulously remodeled 5 Unit Apartment in the heart of Los Angeles. Boasting an excellent unit mix with (4) 1-Bed/1-Bath, (1) 2-Bed/1-Bath units, each unit has had some upgrades.The offering comes with endless opportunity, room to add ADU's. This offering presents an investor the opportunity to acquire a fully tenant-ready Asset in Boyle Heights operating at a 6.54% Cap Rate and 15.24 GRM. This turn-key apartment is fit for any investor to add a cash cow to their apartment portfolio. Boyle Heights is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. A vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, Boyle Heights offers a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene. With a close proximity to the train line stop and walking distance to Hollenbeck Park, and restaurants, bars and nightlife.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Laundry Other

Exterior

Garage Spaces 8.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 5177018023

Special Listing Condition Not Applicable

Read Less Info

Nearby School & Business

Get More Information

JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

Quick Search

2432 Fairmount ST Los Angeles, CA 90033

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information