203 S St Louis Street,Los Angeles, CA 90033
Los Angeles, CA 90033
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.
Details
| MLS# | 24457625 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1965 |
| Days On Site | 183 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. 310-425-9838 | Derrick Vartanian |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 3,976 |
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | LARD2 |
| Acreage | 0.14 |
Market Activity 90033
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90033 |
| Area | BOYH Boyle Heights |
| Listing VS Median (in 90033) | |
Price: $995,000 low | high Med: $1,300,000 SqFt: 3,976 low | high Med: 4,979 $ / SqFt: $250 low | high Med: $271 On site: 183 low | high Med: 52.500000 | |