$1,060,000
$1,200,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
926 S Ford Blvd Los Angeles, CA 90022
6 Beds
5 Baths
2,808 SqFt
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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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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