2826 Guirado

  • $1,425,000
Sold Los Angeles, Boyle Heights
2826 Guirado St, Los Angeles CA 90023
  • Multifamily
  • Property Type
  • 6
  • Number of Units
  • 4.47
  • Cap Rate
  • 14.97
  • GRM
  • $237,500
  • Price/Unit

Overview

  • Multifamily
  • Property Type
  • 6
  • Number of Units
  • 4.47
  • Cap Rate
  • 14.97
  • GRM
  • $237,500
  • Price/Unit

Description

This well-maintained 6 unit building located in prime Boyle Heights is the investment you have been waiting for.

Located directly in the middle of Los Angeles, this building is priced at only $274/foot and under $241k/door. All units are 2 bedroom, 1 bathroom. The building is in decent shape, but the monthly rents have not been maximized. Well over 50% upside in rents. Some units are partially remodeled with laminate floors, but they could definitely be upgraded to get higher rents.

Easily accessible to the shops on Whittier Blvd and Soto St, Downtown LA Art’s District, public transportation and the freeways. Close to Boyle Heights Sports Center and Park.

Details

  • Property Type: Multifamily
  • Property Status: Sold
  • Property Size: 5,288 Sq Ft
  • Lot Size: 6,587 Sq Ft
  • Bedrooms: 12
  • Bathrooms: 6
  • Year Built: 1964
  • Price: $1,425,000
  • Number of Units: 6
  • Price/Unit: $237,500
  • GRM: 14.97
  • Price/SqFt: $237,500
  • CAP: 4.47
  • Address 2826 Guirado St
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90023
  • Area Boyle Heights

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