3155 E 8th St is a 4-Unit Turnkey property to be delivered
FULLY VACANT by close of escrow. 3155 E 8th St presents a
unique opportunity in the heart of Boyle Heights, with
updated electrical panels. It includes four spacious 1-Bed/1-
Bath units, all delivered vacant, offering a prime opportunity
for an investor or owner-occupier. The property features 8
uncovered parking spaces in the rear can be converted to
two stacked ADUs. With this addition, the cap rate will jump
from an already attractive 8.02%, offering substantial returns.
Built in 1961, this asset is a cash cow with the ability to stabilize
and generate significant cash flow. For owner-users, it’s a
perfect opportunity to occupy one unit, have the additional
three units cover your mortgage. The “owner’s unit” features a
large private patio that can be converted into additional
parking as well. Located in the heart of Boyle Heights, a
vibrant and culturally diverse neighborhood known for its rich
history, tight-knit community, and eclectic mix of cuisines,
Boyle Heights offers a dynamic blend of residential charm,
thriving local businesses, and a vibrant arts scene. It is in
close proximity to the train line stop and within walking
distance of Hollenbeck Park, restaurants, bars and nightlife.