Los Angeles, CA 90063,3207 E 2nd Street
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3207 E 2nd Street Los Angeles, CA 90063

3 Beds

3 Baths

4,802 Sqft Lot


UPDATED:

11/17/2024 03:37 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB24220777

Bedrooms 3

HOA Y/N No

Lot Size 4,802 Sqft

Property Description

Boyle Heights Triplex Exceptional Investment Opportunity. Presenting a remarkable investment opportunity in the heart of Boyle Heights, this well-maintained triplex features 3 spacious one-bedroom, one-bathroom units, each currently rented at rates significantly below market value. This property offers a unique chance for investors seeking to capitalize on the untapped potential of the area while enjoying steady rental income. Nestled in a quiet, residential neighborhood of Boyle Heights, this triplex is strategically situated to benefit from the ongoing revitalization and growth in the region. The property is conveniently located near major transportation routes, local amenities, and vibrant community features, making it an attractive option for tenants seeking both comfort and accessibility. Each unit boasts a well-designed floor plan that maximizes space and functionality. The one-bedroom layout provides ample living space, a comfortable bedroom, and a full bathroom. The existing rental agreements reflect a long-term commitment from tenants, ensuring immediate cash flow while presenting the opportunity for future rent adjustments. One of the standout features of this triplex is the significant upside potential. With all units currently rented at rates below the market average, there is an immediate opportunity to increase rental income through strategic property management or upgrades. Investors can explore options such as cosmetic improvements or amenities enhancements, which can further elevate the property's value and appeal. The property is located in a serene and w
Boyle Heights Triplex Exceptional Investment Opportunity. Presenting a remarkable investment opportunity in the heart of Boyle Heights, this well-maintained triplex features 3 spacious one-bedroom, one-bathroom units, each currently rented at rates significantly below market value. This property offers a unique chance for investors seeking to capitalize on the untapped potential of the area while enjoying steady rental income. Nestled in a quiet, residential neighborhood of Boyle Heights, this triplex is strategically situated to benefit from the ongoing revitalization and growth in the region. The property is conveniently located near major transportation routes, local amenities, and vibrant community features, making it an attractive option for tenants seeking both comfort and accessibility. Each unit boasts a well-designed floor plan that maximizes space and functionality. The one-bedroom layout provides ample living space, a comfortable bedroom, and a full bathroom. The existing rental agreements reflect a long-term commitment from tenants, ensuring immediate cash flow while presenting the opportunity for future rent adjustments. One of the standout features of this triplex is the significant upside potential. With all units currently rented at rates below the market average, there is an immediate opportunity to increase rental income through strategic property management or upgrades. Investors can explore options such as cosmetic improvements or amenities enhancements, which can further elevate the property's value and appeal. The property is located in a serene and well-established neighborhood, providing a peaceful environment for residents. This tranquil setting is a major draw for prospective tenants, contributing to a high demand for rental units in the area. The community is also enriched by local parks, schools, and cultural landmarks, enhancing the overall living experience. Dont miss your chance to invest in a property that combines immediate income with the promise of future growth. Schedule your private showing today to explore the possibilities this triplex has to offer.

Location

State CA

County Los Angeles

Area Los Angeles (90063)

Zoning Public Rec

Interior

Cooling Wall/Window

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $32

Acceptable Financing Cash, Conventional

Space Rent $884

Listing Terms Cash, Conventional


San Diego Regional MLS (SDMLS)
Listed by Redfin Corporation

Mike Althof

Broker Associate, Althof & Associates Team Lead | License ID: 01245962

+1(619) 417-5766

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3207 E 2nd Street