12 bedroom house for sale

Overview

Building one is a residential, two-story building and includes: (2) one-bedroom apartments and (1) two-bedroom apartment, (7) one-room occupancy units with two shared bathrooms and one shared kitchen

Opportunity for mixed-use housing and retail in the Boyle Heights neighborhood. The property consists of two buildings on the same lot. Building one is a residential, two-story building and includes: (2) one-bedroom apartments and (1) two-bedroom apartment, (7) one-room occupancy units with two shared bathrooms and one shared kitchen. Building two is a one-story building that is currently leased to a market/liquor store. It is nicely located on a corner lot with access from an alley. With the current Boyle Heights development plan underway, this is a value-ad opportunity that offers a strong cap rate based on current rental income. The property is conveniently located with quick access to freeways, downtown and a mile to USC Medical Center.

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