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Sold for $1,565,000 on 04/13/23
  • $1,565,000

    2727 E 4th St, Los Angeles, CA 90033

    6beds
    9baths
    4,186sqft
    MultiFamily
    Built in 1923
    -- sqft lot
    $1,538,200 Zestimate®
    $374/sqft
    $3,128 Estimated rent

    Owner options

    List your home for rent

    $3,128/mo

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    $3,128/mo

    Rent Zestimate®

    Refinance and save

    $9,709/mo

    Est. payment

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    $9,709/mo

    Est. payment

    What's special

    We are pleased to present NINE Single-Story Units in Rapidly Gentrifying Boyle Heights Area of Los Angeles. The property has an Attractive Unit Mix of Studios, 1 and 2 Bedroom Units. A Great Investment Opportunity that has Recent Capital Improvements which includes New Exterior Paint (and Wood-like Floors in Select Units). There are Minimal Landlord Expenses as All Units are Separately Metered for Gas & Electricity. This Income-Producing Investment yields a 4.93% Cap Rate on Current Rents & yet has Plenty of Room for Rental Upside Potential. Property is Centrally Located within a Few Minutes to Downtown Los Angeles, the Arts District, Little Tokyo and the USC Hospital. Tenants can appreciate living within close walking distance to the various busy retail corridors including East Cesar E Chavez Avenue and North Evergreen Street. This is a lovely corner lot property that is strategically located near the 5, 10 and 101 Freeways.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 9
    Heating
    • Gas
    Cooling
    • None
    Appliances
    • Included: Garbage disposal, Range / Oven
    Interior area
    • Total interior livable area: 4,186 sqft

    Property

    Parking
    • Parking features: On-street
    Lot
    • Size: 6,969 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1923

    Community & neighborhood

    Location
    • Region: Los Angeles

    Other

    Other facts
    • County: Los Angeles
    • PropertyType: Residential Income
    • SourceLivingArea: Vendor Enhanced
    • UnitTypeType: 1, 2, 3
    • Equipment: Other
    • SourceLotSizeArea: Other
    • ListingArea: Boyle Heights
    • ListingStatus: Pending
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    Estimated market value
    $1,538,200