2038 Hollenbeck DR Active

Los Angeles,CA 90023

$ 875000

4 Beds

4 Baths

3884 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,884 sqft

Price per Sqft $225

MLS Listing ID 24471655

Bedrooms 4

HOA Y/N No

Year Built 1923

Lot Size 6,211 Sqft

Property Description

TREMENDOUS UPSIDE for this 4 plex building with tons of rental growth potential along with rapid city development. There will be a new bridge that connects Boyle Heights to the Arts District and you can imagine all the change that will happen once that is completed. Google "Sixth Street Viaduct" for more information. This property is located across the street from Hollenbeck park. Excellent and desirable location. A deal like this will not be available when the bridge project is completed. All units are approx 950 sq ft. The new buyer can convert each unit to 2 bedrooms. In the back, there are 4 covered parking and 4 additional cars can be parked behind it. One of the unit has been remodeled with a washer and dryer in the unit and collecting $1,871 in rent. . All other units can be remodeled for maximum income. Many upgrades have been done within the last few years. Newer roof, newer electrical and partial plumbing replaced. Separately metered for gas and electricity.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LARD1.5

Interior

Heating Forced Air

Flooring Carpet,Laminate,Tile

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Detached Carport,Driveway

Attached Garage No

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5183021003

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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