Address Not Available By Request

    Los Angeles (City), CA 90033
    • $1,800,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: 20554054
    UPDATED: 53 min ago
    $1,800,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    2501 Houston Street is a charming 8-unit investment opportunity, located in Boyle Heights (90033). Built in 1929, 2501 Houston Street is comprised of eight (8) one bedroom / one bathroom units. The property consists of three buildings. The largest of which faces Houston Street and has four large 1 bedroom + den units. Behind the structure are two separate duplexes, housing two (2) one bedroom units each and exterior yard space. As units have turned, they've seen various interior improvements such as restored original hardwood flooring and kitchen and bath enhancements. Each unit has washer/dryer hookups. Electricity and gas are separately metered, while water is master-metered, translating to lower expenses. Building systems include well-maintained roofing, plumbing, and electrical systems.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-28T18:32:22.813. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/103229245

    Address Not Available By Request Los Angeles (City), CA 90033

    • Price: $1,800,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: 20554054
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1929
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    2501 Houston Street is a charming 8-unit investment opportunity, located in Boyle Heights (90033). Built in 1929, 2501 Houston Street is comprised of eight (8) one bedroom / one bathroom units. The property consists of three buildings. The largest of which faces Houston Street and has four large 1 bedroom + den units. Behind the structure are two separate duplexes, housing two (2) one bedroom units each and exterior yard space. As units have turned, they've seen various interior improvements such as restored original hardwood flooring and kitchen and bath enhancements. Each unit has washer/dryer hookups. Electricity and gas are separately metered, while water is master-metered, translating to lower expenses. Building systems include well-maintained roofing, plumbing, and electrical systems.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Street Parking YN Yes

    Property Features

    Gross Income 131955.00 Gross Multiplier 13.60 Gross Operating Income 129315.00 Net Operating Income 77055.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0.00 Zoning Lard1.5

    Listing provided courtesy of Nick Astrupgaard of Kw Commercial Studio City and Rich Johns of Kw Commercial Studio City


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-28T18:32:22.813. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
    The Costantino Group | Cal American Homes and Realty
    405 West Foothill Blvd Suite 203
    Claremont CA, 91711