2508 Houston St - Apartments FOR SALE


Los Angeles, CA 90033- Southeast Los Angeles
$1,950,000 USD
818-867-9023
2508 Houston St, Los Angeles, CA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/12
null | 5.39% Cap Rate

2508 Houston St
Los Angeles, CA 90033
Southeast Los Angeles


HIGHLIGHTS

  • 2017 Construction
  • All Split Level Townhouses
  • 4 Bedroom Unit Delivered Vacant
  • Significant Rental Upside
  • In Unit Laundry
  • Balconies

OVERVIEW

Kidder Mathews is proud to present 2508 Houston Street, a Quadruplex multifamily investment opportunity in the heart of Boyle Heights. Built in 2017, the offering boasts a highly desirable mix of Two 3+2 & Two 4+3 split-level townhouses. The property includes an enormous 4 BD / 3 BA townhouse that will be delivered vacant at closing. Upgraded with a combination of wood laminate and tile floors, granite counters, in unit laundry hook-up and a balcony, this unit is perfect for owner occupancy. With below market rents, this property presents an excellent value-add opportunity offering potential for growth and appreciation for years to come.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

4

PRICE/UNIT

$487,500

CAP RATE

5.39%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2017

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

Lard 1.5

APN/PARCEL ID

5177-020-004

ASK ABOUT THIS PROPERTY

Joshua LuchsKidder MathewsMore Info
818-867-9023

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Joshua LuchsKidder MathewsMore Info
818-867-9023

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.