TREMENDOUS UPSIDE for this 4 plex building with tons of rental growth potential along with rapid city development. There will be a new bridge that connects Boyle Heights to the Arts District and you can imagine all the change that will happen once that is completed. Google "Sixth Street Viaduct" for more information. This property is located across the street from Hollenbeck park. Excellent and desirable location. A deal like this will not be available when the bridge project is completed. All units are approx 950 sq ft. The new buyer can convert each unit to 2 bedrooms. In the back, there are 4 covered parking and 4 additional cars can be parked behind it. One of the unit has been remodeled with a washer and dryer in the unit and collecting $1,871 in rent. . All other units can be remodeled for maximum income. Many upgrades have been done within the last few years. Newer roof, newer electrical and partial plumbing replaced. Separately metered for gas and electricity.
Property Details
Price:
$875,000
MLS #:
24471655
Status:
Active
Baths:
0
Address:
2038 Hollenbeck Drive
Type:
Residential Income
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Dec 11, 2024
State:
CA
ZIP:
90023
Lot Size:
6,211 sqft / 0.14 acres (approx)
Year Built:
1923
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Refrigerator
Flooring
Carpet, Tile, Laminate
Heating
Forced Air
Exterior
Parking Features
Detached Carport, Driveway
Parking Spots
0.00
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address2038 Hollenbeck Drive Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90023
Similar Listings Nearby
- 3916 Wisconsin Street
Los Angeles, CA$1,135,000
4.49 miles away
- 3901 Carlota Boulevard
Los Angeles, CA$1,135,000
3.66 miles away
- 608 N Breed Street
Los Angeles, CA$1,125,000
1.20 miles away
- 2506 S Budlong Avenue
Los Angeles, CA$1,125,000
4.44 miles away
- 1139 E 68th Street
Los Angeles, CA$1,100,000
4.57 miles away
- 2828 E Lanfranco Street
Los Angeles, CA$1,100,000
0.69 miles away
- 203 S St Louis Street
Los Angeles, CA$1,100,000
0.50 miles away
- 120 N Avenue 25
Los Angeles, CA$1,100,000
2.72 miles away
- 3303 Hamilton Way
Los Angeles, CA$1,100,000
4.66 miles away
- 2721 Raymond Avenue
Los Angeles, CA$1,100,000
4.59 miles away
Courtesy of Christie’s International Real Estate SoCal. 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.
2038 Hollenbeck Drive
Los Angeles, CA
LIGHTBOX-IMAGES