$900,000
$1,250,000
28.0%For more information regarding the value of a property, please contact us for a free consultation.
7,200 Sqft Lot
SOLD DATE : 12/12/2024
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24187980
Sold Date 12/12/24
HOA Y/N No
Year Built 1956
Lot Size 7,200 Sqft
Property Description
This 8-unit investment opportunity at 324 N St Louis Street, in Boyle Heights, awaits its new owner! This two-story apartment building, all 2 bedrooms with 1 bath is 100% occupied and falls under the city of Los Angeles with rent control regulations. Built in 1956, 4452 sq ft of living space and a 7201 sq ft lot. There is a large parking area at the back of the property. Boyle Heights is bordered on the north by Lincoln Heights, on the east by East Los Angeles, on the south by Vernon, and on the west by Downtown Los Angeles. Close to major freeways: 5, 10, and 101. It is centered in the culturally rich Boyle Heights area of Los Angeles, close to retail and eateries along Cesar Chavez Avenue. This apartment building is being sold alongside a second apartment building, directly across from this building, also 8 units, all 2 bedrooms and 1 bath. Each lot has its own APN number, and shares an easement entry to the parking lot, being sold together. Please see MLS#PW24187888 for further details on the second apartment building.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAR4
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Unassigned, Uncovered
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
View Y/N No
View None
Total Parking Spaces 16
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5183002020
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard, Trust
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Bought with Carlos Estrada • Liberty Investment Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "