56 bedroom house for sale

Overview

Great investment property in gentrifying Boyle Heights. These two separate buildings of 7 units that consist of (4) 1 bedroom/1 bath, (2) 2 bedrooms/1 bath and (1) studio with kitchen. The 1 bedroom unit over the 5 garages in the back of the building has private backyard. The two bedroom upstairs units have high ceilings, measure about 850 sq.ft. and have back patios with views of the DTLA skyline. Two of the bottom units are spacious and with high ceilings also. Some of the units have washer/dryer hook-ups. All units have private water heaters.This property has easy access to the #10, 5 and 710 freeways. The location is perfect to DTLA, LACandUSC medical centers, CSULA, East Los Angeles, Occupational Center, Art District, Chinatown, Little Tokyo, Dodger Stadium, Monterey Park Golf and Alhambra. Nearby are elementary schools, store, gas station, bus transportation, Metro, Starbucks and an electric circuit charging station. 6.6% CAP RATE, annual rents $112, 596 PLEASE DON'T WALK ON THE PROPERTY AND DON'T DISTURB THE TENANTS. Submit all offers subject to interior inspection. Some tenants are long term for about 25 years. Property sold as is, NO repairs.