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$899,900
CV26019172 MLS
Exceptional Investment Opportunity in the Heart of Boyle Heights! This fully occupied four-unit income property offers strong cash flow, pride of ownership, and recent upgrades making it an ideal addition to any investor’s portfolio. The property features a versatile unit mix: Unit #1 offers a spacious 2 bedroom, 1 bath layout with laundry hookups plus a bonus room; Unit #2 is a 2 bedroom, 1 bath unit; Unit #3 is a studio apartment with 1 bath; and the detached back house includes a 1 bedroom, 1 bath floor plan with laundry hookups and a private porch, providing excellent rental flexibility and tenant appeal. All units showcase updated kitchens and bathrooms, while major capital improvements include plumbing replaced, a newer roof, and upgraded electrical wiring, delivering long-term peace of mind and reduced maintenance costs. Ideally located near Hollenbeck park and offering convenient access to the 5, 60, and 101 freeways, this property provides excellent connectivity throughout Los Angeles. A rare opportunity to acquire a multi-unit asset in a high demand rental corridor perfect for investors seeking stable income and long-term appreciation.

443 S State, Los Angeles
$999,000
CV25264445 MLS
CAP RATE 5.5%. GRM 14.28. New owner can use the laundary room to increase the CAP RATE to over 6%. The only GEM in the area close to East LA and Downtown with existing cap rate over 5%, not in city terrace with low rental return! Prime development opportunity — positioned on a high-visibility corridor with strong traffic counts and long-term growth potential. This property is a rare R3 land which offers an excellent opportunity for developers, builders, and value-add investors seeking to capitalize on a well-located parcel with flexible future use (buyer to verify zoning, density, and permitted uses with the city). The land itself already worth over 900K and planned for multi-familiy. Also, it starts earning rental income from day one with this fully tenant-occupied property while you are waiting for plan check or you want to keep it! Exceptional income-producing property priced below market for a quick sale. This fully tenant-occupied asset offers immediate, stable rental income of approximately $5,600/month All lease are month-to-month lease, making it an ideal opportunity for investors or owner-occupants seeking strong returns. Rent are close to the market but still have room to increase. The property also has a laundry room for extra income. Great value-add opportunity and projected rent can be over $6,700/month. Tenants will be transferred. The property has been professionally managed and well maintained over the past 5 years, with long-term tenants who have consistently paid on time for over a decade. Rents are near market value, with built-in potential for future increases. Property Features: Front home (built in 1923): 3 bedrooms, 1 bathroom Rear duplex: Two units, each with 2 bedrooms and 1 bathroom Spacious backyard with convenient alley access Designated parking for all units Updated windows and newer water heaters throughout On-site laundry room offering additional income potential Recent landscaping improvements including new soil and gardening upgrades Prime Location: Convenient access to major freeways including the 5, 10, 60, 710, and 110. Easy commute to downtown via the newly developed 6th Street Bridge. The surrounding area is experiencing strong growth, with multiple mixed-use developments underway. Additional Notes: Property is being sold as-is. Information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence and consult with professionals.

3333 Whittier Boulevard, Los Angeles

Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.