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Boyle Heights Fourplex for Sale | 2156 City View Ave Los Angeles

2156 City View Ave

  • $1,350,000
2156 City View Ave, Los Angeles, CA 90033, USA
Exterior of 2156 City View Avenue, a fourplex in Boyle Heights Exterior of 2156 City View Avenue, a fourplex in Boyle Heights Exterior of 2156 City View Avenue, a fourplex in Boyle Heights Kitchen of 2156 City View Avenue, a fourplex in Boyle Heights Bedroom of 2156 City View Avenue, a fourplex in Boyle Heights Interior of 2156 City View Avenue, a fourplex in Boyle Heights Interior of 2156 City View Avenue, a fourplex in Boyle Heights
  • Multifamily
  • Property Type
  • 4
  • Number of Units
  • 5,986
  • Sq Ft
  • 7,362
  • Lot Sq Ft
  • 11.49
  • GRM
  • 225.53
  • Price/SqFt
For Sale
2156 City View Ave
2156 City View Ave, Los Angeles, CA 90033, USA
  • $1,350,000

Description

Presenting a rare opportunity to acquire a pride-of-ownership fourplex in the heart of Boyle Heights one of Los Angeles’ most dynamic and supply-constrained rental markets. Located at 2156 City View Ave, this 5,986 sq ft building sits on a 7,360 sq ft lot and delivers strong, stable income with significant long-term upside.The building offers a compelling unit mix of three spacious, modernized 4-bedroom/2-bathroom units and one 2-bedroom/1-bathroom unit. All units have in-unit laundry, with the 4bd units having updated interiors, wall AC/heat, laminate flooring, double-pane windows, and contemporary finishes attracting quality, long-term tenants. Each unit is separately metered for gas and electricity, minimizing landlord utility exposure. The property also includes a detached 3 space garage and additional 8 parking stalls a coveted amenity in this corridor.With a GRM of 11.49 and a healthy NOI of $80,210, this asset offers investors immediate income and a clear path to long-term value as units turn. Whether you’re a seasoned portfolio investor or making your first multifamily acquisition, 2156 City View Ave delivers on every front: modernized asset, strong cash flow, excellent location, and true Los Angeles scarcity value.

Details

  • Property Type: Multifamily
  • Property Status: For Sale
  • Property Size: 5,986 Sq Ft
  • Lot Size: 7,362 Sq Ft
  • Price: $1,350,000
  • Number of Units: 4
  • GRM: 11.49
  • Price/SqFt: 225.53
  • CAP: 5.90
  • Address 2156 City View Ave
  • State/county California
  • Zip/Postal Code 90033
  • Area Boyle Heights

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