This fantastic 5-unit property is located in the booming area of Boyle Heights. Fully occupied, the property has positive cash flow on current rents with a CAP Rate of 5.29%. There are generously sized residences: (4) one-bedroom/one-bath units and (1) two-bedroom/one-bathroom unit. The two-bedroom unit is a separate back house with a parking spot and a private yard. The one-bedroom units are spacious at nearly 850 square feet each. All the units are individually metered for both gas and electric while each unit has its own laundry hook-ups. Boyle Heights is a community on the rise. With a rich cultural history, the area is walkable with many shops, eats and public transport. And it is just a few minutes from Downtown LA, Arts District & Little Tokyo
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
