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For Sale
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2853 Cincinnati St Los Angeles, CA 90033
Listing 24-370329
  • Price/Unit $119,444
  • Cap Rate 7.4
  • Zoning LARD1.5
  • Price/SF $300
  • GRM 9.0
  • Bldg Size 7,168 sq. ft
$2,150,000
  • Status For Sale
  • Year Built 2020
  • Property Type Multi-family

About This Property

We are proud to present 2853 Cincinnati St.!
A recently built triplex in the heart of Boyle Heights! Not Subject to LA City Rent Control!
The property was built in 2020 and offers a whopping 18 bedrooms. The unit mix consists of (1) 7 Bedroom / 6 Bathroom unit, (1) 6 Bedroom / 5 Bathroom unit, and (1) 5 Bedroom / 4 Bathroom unit. The property offers 4 gated parking spaces on-site. Currently the property is being leased by the room with 17 leases in place and one vacant room which would allow a new owner to select their own tenants and achieve additional upside immediately. Owner pays for utilities.

Embrace the unique charm and cultural richness of Boyle Heights with this exceptional real estate investment opportunity. Situated in the heart of East Los Angeles, Boyle Heights is renowned for its diverse community, historic landmarks, and thriving local economy. This dynamic neighborhood offers a compelling blend of residential, commercial, and mixed-use properties, making it an attractive destination for investors seeking growth and value in the Los Angeles real estate market.

Property Details

  • Property Type

    Multi-family

  • Year Built

    2020

  • Status

    For Sale

  • Price/SF Lot

    $364

  • Building Size 7,168 sq. ft
  • Lot Size 5,900 sq. ft
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