Value-Add Duplex in Boyle Heights
2743 Boulder Street
# of Units: 2
GRM (Pro Forma): 10.00
CAP Rate (Pro Forma): 7.70%
Building SF: 2,720
Lot SF: 5,849
Year Built: 1930
UNIQUE OPPORTUNITY TO ACQUIRE A RESIDENTIAL INCOME PROPERTY IN BOYLE HEIGHTS
2,720 TOTAL SQUARE FEET
VERY WALKABLE & MOSTLY RESIDENTIAL AREA
EASY ACCESS TO ARTS DISTRICT, DTLA, SILVER LAKE & ECHO PARK, NORTHEAST LA, ETC.
RENTS ON REMODELED APARTMENTS ARE ASTONISHINGLY HIGH RIGHT NOW - NEW BUYER CAN VACATE UNITS, REMODEL, AND RE-RENT!
Highly sought-after Boyle Heights location. The income property sits on a primarily residential street near Cesar Chavez Ave and many other notable destinations. Whether it's Guisados or El Tepeyac, Boyle Heights is home to many restaurants and local favorites. There are many nearby employment centers and colleges to keep vacancy low. The subject properties are close to the 10, 5, and 60 Freeways. Through its ease of access, owners and tenants alike can commute via car or public transportation to and from DTLA, Arts District, Northeast LA, Echo Park and the rest of Los Angeles.
2 Units | 2,720 SF | 5,849 SF Lot
3 PARKING SPACES
(1) 2BD+1BA & (1) 3BD+1BA
Built in 1930 | Zoned LAR2