$1,100,000
For Sale

203 S St Louis Street

Los Angeles, CA 90033
3976 sqft | 9 beds | 0.14 acres | #24457625
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Browse 11 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

We are excited to present a prime investment opportunity with a beautifully maintained5-unit apartment building located at 203 S St Louis St in the rapidly developing neighborhood of Boyle Heights, Los Angeles. Situated near key attractions such as Dodger Stadium and Crypto Arena, this property is strategically positioned to benefit from the area's ongoing growth and revitalization. Spanning a total square footage of 3,976 on a 5,939 SF lot zonedLARD2, this asset offers significant potential for value appreciation. The property features a well-structured mix of units: one 3-bedroom,2-bath unit; two 2-bedroom, 1-bath units; and two 1-bedroom,1-bath units. Each unit is individually metered for gas and electricity, ensuring operational efficiency and streamlined management The property's excellent location provides easy access to public transportation, with bus and metro stations just a short walk away, enhancing its appeal to tenants and increasing occupancy potential. Given the ongoing developments in Boyle Heights and the surrounding areas, investors can expect robust rental demand and promising returns. This investment not only offers immediate cash flow potential but also the opportunity to capitalize on a burgeoning market poised for long-term growth. Don't miss your chance to secure a valuable asset in an increasingly desirable location.

  • Interior Details
      • Bedrooms9
  • Property Details
      • Stories2
    • Measurements
      • Acres0.1364
      • Square Feet3976
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1965
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,100,000
  • Other
      • MLS #24457625

Location

SparrowLily Realty, Inc.Real Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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