For Sale
2831 Boulder Street, Los Angeles, CA 90033
  • $1,025,000
  • $409

Overview

Property ID: HZ8687489
  • Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 2508.00
  • Sqft
  • 1927
  • Year Built

Description

1 UNIT VACANT – 2831 Boulder street is an amazing investment opportunity located in Boyle Heights. The property is conveniently located near major retailers, bars, shopping centers, restaurants and near major entertainment venues such as Los Angeles Arts District, Crypto Arena, Walt Disney Music Hall and many more. The building is terrifically maintained and is perfectly suited for an investor who wants passive income with the option to choose their own tenants or for an Owner/User to move into one unit and have the other units pay most of the mortgage. The property set up is comprised of 2 buildings, 1 SFR house up front 2 Beds/2Bath (VACANT), attached is a nonconforming 1 Bed/1Bath and a second building with a 2 Bed/1Bath unit in the back with its own backyard. This offering presents an investor the opportunity to acquire a strong cap rate of 6.4% and 12.07 GRM. Given the property’s central location and vacant unit gives significant value add components to 2831 Boulder Street for an Owner to occupy the front unit while having the other 2 pay for most of the mortgage and provide healthy returns and appreciation over the long term. Can show Vacant unit with Appointment.

  • Address 2831 Boulder Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90033
  • Area BOYH - Boyle Heights
  • Country United States

Details

Updated on September 18, 2023 at 7:02 am
  • Property ID: HZ8687489
  • Price: $1,025,000
  • Property Size: 2508.00 Sqft
  • Land Area: 5843.00 Sqft
  • Bedrooms: 6
  • Bathrooms: 4
  • Year Built: 1927
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 2508.00
  • Living Area Prefix: Sqft
  • MLS#: 23278723
  • Office Name: SARAVITA PROPERTIES INC
  • Agent Name: Steven Ghafouri
  • MLS Status: Active
  • Agent State License: 02074931

Additional details

  • Roof: Composition,Shingle
  • Sewer: Other
  • Heating: Combination
  • County: Los Angeles
  • Parking: 2.00
  • Water Source: Public

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