Apartments For Sale • 5,490 SF
| New construction fourplex in Boyle Heights built 2023. Strong unit mix comprised of (4) 3BR / 3.5BA units. |
| Fully occupied with market rate tenants providing strong cash flow to investors. Units average over 1,300 SF each and have in-unit W/Ds. |
| Separately metered for gas, electric, and water. Property is rent controlled under LA RSO. |
| Each unit has two parking spaces with electric gates. Very low expense load property. |
| Solar panels on the roof are fully paid off and lower tenant utility responsibility through a rebate program. |
| Near major freeway entrances providing immediate access to DTLA, East LA, and more. Close to Dodger Stadium, Crypto Arena, and LA Live. |
| Cap Rate: | 6.64 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 7 min | - | 2.3 mi |
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 5 min | - | 2.5 mi |
| Transit/Subway | Drive | Walk | Distance |
| Soto (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 12 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 25 min | - | 17.5 mi |
| Los Angeles International | 30 min | - | 18.7 mi |
| Long Beach (Daugherty Field) | 30 min | - | 20.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | Surface |
| Included in Rent: | Yes |