Two homes on one lot near the border of City Terrace in the Boyle Heights neighborhood of Los Angeles near Soto and 10 Fwy. Each house has 2 bedrooms and 1 bath. Both houses were remodeled in the last 3 years. Newer roof, jack-n-jill bath, long driveway for off street parking. Newer kitchens and baths in both houses. Front house has triple pane windows for energy efficiency. Washer/Dryer in each unit. Separate gas and electric meters. Rent one and live in the other. Great investment opportunity, these communities are appreciating quickly due to proximity to downtown Los Angeles. Great investment at 6 cap rate and 12.67 GRM at full market rents. Check it out before it goes!
- Property Type: Residential Income
- Year Built: 1924
- Status: Active Under Contract
- Num Of Units: 2
- Appliances: Dryer, Refrigerator, Washer
- Heating Fuel: Wall Gas
- Price Per Sqft: 426
- Assessed Land Value: 176624
- Assessed Improvement Value: 110389
- Property Subtype: Duplex
- Special Conditions: Standard Sale
- Cooling Type: Window Unit(s), Ceiling Fan(s)
- Parking Features: Driveway - Concrete
- Heating Type: Wall Gas
- Cooking Appliances: Range
- Lot Sqft: 4801
- Number Of Buildings: 2
- Neighborhood: Boyle Heights, East La
Courtesy of: Tiao Properties, Inc.
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Updated: 18th February, 2019 12:42 AM.