$1,100,000
203 S St Louis ST Los Angeles, CA 90033
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$1,100,000
Est. payment /mo
9 BD
6 BA
3,976 SqFt
New
203 S St Louis ST Los Angeles, CA 90033
UPDATED:
11/05/2024 01:12 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,976 sqft
Price per Sqft $276
MLS Listing ID 24457625
Bedrooms 9
HOA Y/N No
Year Built 1965
Lot Size 5,941 Sqft
Property Description
We are excited to present a prime investment opportunity with a beautifully maintained5-unit apartment building located at 203 S St Louis St in the rapidly developing neighborhood of Boyle Heights, Los Angeles. Situated near key attractions such as Dodger Stadium and Crypto Arena, this property is strategically positioned to benefit from the area's ongoing growth and revitalization. Spanning a total square footage of 3,976 on a 5,939 SF lot zonedLARD2, this asset offers significant potential for value appreciation. The property features a well-structured mix of units: one 3-bedroom,2-bath unit; two 2-bedroom, 1-bath units; and two 1-bedroom,1-bath units. Each unit is individually metered for gas and electricity, ensuring operational efficiency and streamlined management The property's excellent location provides easy access to public transportation, with bus and metro stations just a short walk away, enhancing its appeal to tenants and increasing occupancy potential. Given the ongoing developments in Boyle Heights and the surrounding areas, investors can expect robust rental demand and promising returns. This investment not only offers immediate cash flow potential but also the opportunity to capitalize on a burgeoning market poised for long-term growth. Don't miss your chance to secure a valuable asset in an increasingly desirable location.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LARD2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Driveway, Uncovered
Parking Type Driveway, Uncovered
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5183011041
Special Listing Condition Standard
Listed by Derrick Vartanian • Lyon Stahl Investment Real Estate, Inc.
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