Boyle Heights Science, Technology, Engineering And Math Magnet, CA homes for sale & real estate

Boyle Heights Science, Technology, Engineering And Math Magnet, CA Homes for Sale

This is a great investment opportunity for anyone looking for property in the Boyle Heights area. This apartment building consists of 12 bedrooms and 6 bathrooms, each unit is 2 bedroom and 1 bath. All tenants are currently month to month leases the property is 100% occupied and subject to the City of Los Angeles rent control regulations. Easy access to major freeways 10fwy and 60 fwy close to coffee shops and restaurants. Current gross income is $5,959.00/month

Boyle Heights Science, Technology, Engineering And Math Magnet, CA Homes for Sale

Located in Boyle Heights, CA, 2819 E 3rd St offers comfort and convenience in a serene cul-de-sac setting. Zoned LAR2, the property features a generous lot size of 6,095 square feet and a substantial 3,348 square feet of building space. Built in 1969, it includes five units: two spacious 2-bedroom, 1-bathroom residences and three cozy 1-bedroom, 1-bathroom apartments. Its proximity to Evergreen recreational park enhances the lifestyle with easy access to outdoor activities. Ideal for investors seeking stability and proximity to amenities, this property in Boyle Heights is a compelling choice for rental income or portfolio diversification. Possible opportunity to add ADUs to property by taki

Boyle Heights Science, Technology, Engineering And Math Magnet, CA Homes for Sale

Great investment opportunity to add to your portfolio of rental properties. Over $100,000 spended for exterior upgrades recently. Located in Boyle Heights of Los Angeles with easy access to Downtown Los Angeles and only approximately 7 miles from USC. Units are currently all occupied. Do not miss this great opportunity! County record shows: Multi-Family 3-Unit, but seller bought the property with 4 existing units with 4 long term tenants inincluded. Seller keeps the rents low, there is much room to increase. Per seller, City just recently approved the property as 4 units( documents to be verified and followed)

Boyle Heights Science, Technology, Engineering And Math Magnet, CA Homes for Sale

No SB 8 requirement = build market rate units (lot has been vacant for over 6 years) and ZI 2452 exemption to parking. In addition, this is an ED1 qualifying lot with density bonus = developer can build an unlimited number of units within 21,181 sq. ft. (3:1 FAR) and a 78 feet height restriction. ED1 also includes CEQA exemption and a 6 month streamlined application process. For non-profit developers, this property is located in a QCT (qualified census tract). FLAT LOT.