Description

Excellent income property features three 2 bedroom 1 bath units in one 2052sqft structure plus large basement storage rooms and laundry room. See supplements for floorplans as approved when read two units were added. This property has lots of potential and possibilities especially with an Oversized 9320 sqft buildable lot zoned for more units that has both front street and alley access. No Garage is featured, but fairly flat lot accommodates plenty of parking for each tenant. Evergreen Cemetery Jogging Path, El Pino, El Mercadito, Los 5 Puntos, and 1st St Business Corridor, Indiana Gold Line Metro Station are among the many local landmarks within walking distance. Excellent access and close proximity to various freeways (10, 710, 60, 5 and 101), Downtown LA, LAC/USC Medical Center, Union Station, Cal State LA, Arts District, Boyle Heights, City Terrace. Excellent opportunity and expected to meet all forms of financing, but buyer to take on any lender required repairs, if any. Assessor records show 7 bedrooms but it is being used as and is reflected in approved floorplans as a 6 bedroom triplex. Building has full copper plumbing, raised foundation and attic access for easy maintenance, and it also equipped with fire sprinklers, 4 separate gas and electricity meters and water pressure regulator.