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2527 Cincinnati Street

Los Angeles (City), CA 90033
  • $1,500,000
  • STATUS: Active Under Contract
  • ON SITE: 34 Days
  • ID#: P1-7337
Under Contract
UPDATED: 18 min ago
$1,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1929
County:

School Ratings & Info

Listing Agent: Jacqueline Kuykendall of The Agency and Karine Aslanian of The Agency


Description

This perfect free-standing two-story multi-tenant building is located in the prime area of Los Angeles in the Boyle Heights submarket. This amazing asset consists of 7 one-bedroom/one-bathrooms and 2 two-bedroom/one bathroom, totaling 8,750 square feet on approximately 7,000 square feet of land. Built in 1929, this investment is 100% occupied and has steady tenants generating a great cash flow with upside in rents. At this time all tenants are current with their rents.Additionally, this property has a newer roof and newer copper plumbing and sewer line.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T08:30:42.667. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RGA Homes | Coldwell Banker Realty. Licensed in the State of California, USA.
www.rgahomes.com/homes/123008946
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2527 Cincinnati Street Los Angeles (City), CA 90033

  • Price: $1,500,000
  • Status: Active Under Contract
  • On Site: 34 Days
  • Updated: 18 min ago
  • ID#: P1-7337
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1929
Built
County:
Other County
Property Description
This perfect free-standing two-story multi-tenant building is located in the prime area of Los Angeles in the Boyle Heights submarket. This amazing asset consists of 7 one-bedroom/one-bathrooms and 2 two-bedroom/one bathroom, totaling 8,750 square feet on approximately 7,000 square feet of land. Built in 1929, this investment is 100% occupied and has steady tenants generating a great cash flow with upside in rents. At this time all tenants are current with their rents.Additionally, this property has a newer roof and newer copper plumbing and sewer line.
Exterior Features

Construction Materials Stucco Fencing None Lot Features 6-10 Units/AcreSprinklers None Parking Total 0 Sign On Property YN No

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Cap Rate 6.26 Common Interest Community Apartment Electric Expense 900 Exclusions To Be Determined. Personal Property Of Tenants. Insurance Expense 6500 Laundry Features Electric Dryer HookupGas Dryer HookupInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Other Expense 828 Property Sub Type Multi Family Special Listing Conditions StandardTrust Structure Type Multi Family Trash Expense 3204 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableSewer ConnectedWater Connected Water Sewer Expense 6804 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T08:30:42.667. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RGA Homes | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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RGA Homes | Coldwell Banker Realty
3790 Via De La Valle Suite 301
Del Mar CA, 92014
Listing Agent: Jacqueline Kuykendall of The Agency and Karine Aslanian of The Agency