2432 Fairmount Street,Los Angeles, CA 90033
Los Angeles, CA 90033
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.
Details
| MLS # | DW25045422 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 545 |
| Listing Provided By | Century 21 Allstars | Danny Navarro |
Features
| SQ Feet | 3,000 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 2 |
| Zoning | LARD1.5 |
| Acreage | 0.13 |
Exterior
| Lot Features | Front Yard |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90033 |
| Area | BOYH Boyle Heights |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90033 |
| Area | BOYH Boyle Heights |
