Los Angeles, CA 90022,926 S Ford Blvd
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Los Angeles, CA 90022,926 S Ford Blvd
Los Angeles, CA 90022,926 S Ford Blvd
Los Angeles, CA 90022,926 S Ford Blvd
Los Angeles, CA 90022,926 S Ford Blvd

$1,060,000

Est. payment /mo

$1,200,000

11.7%
Est.Price: ?

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926 S Ford Blvd Los Angeles, CA 90022

6 Beds

5 Baths

2,808 SqFt

SOLD DATE : 08/01/2024

Key Details

Sold Price $1,060,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,808 sqft

Price per Sqft $377

MLS Listing ID 24-380539

Sold Date 08/01/24

Bedrooms 6

Construction Status Updated/Remodeled

Year Built 1973

Lot Size 5,456 Sqft

Acres 0.1253

Property Description

We are pleased to present a three (3) property portfolio (may be sold together or separate) totaling nine (9) unit located in Los Angeles, California. The subject property is situated in an ideal East Los Angeles / Boyle Heights location, north of the -5 freeway and east of the -101 freeway. Built in 1954, 2722 E 2nd Street contains an exceptional unit mix of two (2) two-bedroom / one-bathroom units and one (1) three-bedroom / two-bathroom detached single-family residence. There is ample on-site parking available. Built in 1927, 1050 S Bonnie Beach Place contains a incredible unit mix of two (2) two-bedroom / one and a half-bathroom units and one (1) three-bedroom / one and a half-bathroom unit. There is positive initial cash flow at a 7.26% cap rate on current numbers. Additionally, there is potential to convert the carports into multiple ADU unit(s). Built in 1973, 926 S Ford Boulevard contains a streamlined unit mix of three (3) two-bedroom / one and a half-bathroom units with a bonus den. There is potential to convert the carports into multiple ADU unit(s). Situated in an ideal East Los Angeles / Boyle Heights location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire up to three (3) triplexes all within a few miles of each other.

Location

State CA

County Los Angeles

Area East La

Zoning LCP*

Rooms

Other Rooms None

Dining Room 0

Kitchen Remodeled

Interior

Heating Wall

Cooling Air Conditioning

Flooring Wood

Equipment Built-Ins, Refrigerator, Range/Oven

Laundry Laundry Area

Exterior

Garage Covered Parking, Carport Detached, Uncovered

Garage Spaces 6.0

Pool None

Amenities Available None

Building

Lot Description Lot Shape-Rectangular, Single Lot, Landscaped

Story 2

Level or Stories Multi/Split

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with RE/MAX MASTERS

GUIDE SoCal

Broker | License ID: DRE#01976964

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