3524 E Pico Blvd - Apartments FOR SALE


Los Angeles, CA 90023- Boyle Heights
$1,175,000 USD
310-300-2838
3524 E Pico Blvd, Los Angeles, CA for Sale
$1,175,000 USD
Apartments - FOR SALE
1/17
null | 2.02% Cap Rate

3524 E Pico Blvd
Los Angeles, CA 90023
Boyle Heights


HIGHLIGHTS

  • Duplex & Single-Family House on Adjacent Lots
  • Outstanding Development Opportunity - Combined Lot Size of 8,484-Square Feet
  • Desirable Owner-User Potential
  • Unit Mix (One) 2-Bedroom/1-Bathroom House & (Two) 1- Bedroom/1-Bathroom Units
  • Potential Opportunity to Add ADUs (Accessory Dwelling Units) | Qualifies for Residential Financing
  • Located Near Citadel Outlets, Los Angeles Community Hospital, East L.A. College, Costello J. Recreation Center and the City of Commerce

OVERVIEW

Single-family residence and duplex situated an adjacent parcels. Each parcel has its own APN (Assessor Parcel Number). 3524 E. Pico Boulevard is a duplex and features (two) 1-bedroom/1-bathroom stand-alone units and 3528 E. Pico Boulevard is a 2-bedroom/1-bathroom house. The property contains a combined lot size of 8,484 SF and is zoned LAM2 (Light Industrial). The large lot presents desirable development potential or the opportunity to add ADUs (Accessory Dwelling Units). The asset also presents an owner-user opportunity and the property may qualify for residential financing (Buyer to verify).

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$626 USD /SF

# OF UNITS

3

PRICE/UNIT

$391,667

CAP RATE

2.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,484 SF

ZONING

LAM2

APN/PARCEL ID

5191-021-004

ASK ABOUT THIS PROPERTY

Daniel HirthThe Hirth Group of KWMore Info
310-300-2838

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Daniel HirthThe Hirth Group of KWMore Info
310-300-2838

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