We are excited to present a prime investment opportunity with a beautifully maintained5-unit apartment building located at 203 S St Louis St in the rapidly developing neighborhood of Boyle Heights, Los Angeles. Situated near key attractions such as Dodger Stadium and Crypto Arena, this property is strategically positioned to benefit from the area’s ongoing growth and revitalization. Spanning a total square footage of 3,976 on a 5,939 SF lot zonedLARD2, this asset offers significant potential for value appreciation. The property features a well-structured mix of units: one 3-bedroom,2-bath unit; two 2-bedroom, 1-bath units; and two 1-bedroom,1-bath units. Each unit is individually metered for gas and electricity, ensuring operational efficiency and streamlined management The property’s excellent location provides easy access to public transportation, with bus and metro stations just a short walk away, enhancing its appeal to tenants and increasing occupancy potential. Given the ongoing developments in Boyle Heights and the surrounding areas, investors can expect robust rental demand and promising returns. This investment not only offers immediate cash flow potential but also the opportunity to capitalize on a burgeoning market poised for long-term growth. Don’t miss your chance to secure a valuable asset in an increasingly desirable location.
Property Details
Price:
$1,100,000
MLS #:
24457625
Status:
Active
Baths:
0
Address:
203 S St Louis Street
Type:
Residential Income
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Oct 28, 2024
State:
CA
ZIP:
90033
Lot Size:
5,941 sqft / 0.14 acres (approx)
Year Built:
1965
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Parking Features
Driveway – Combination, Uncovered
Parking Spots
7.00
Stories Total
2
Financial
Map
Community
- Address203 S St Louis Street Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
203 S St Louis Street
Los Angeles, CA
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