2038 Hollenbeck DR new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90023
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