223 North St. Louis Street, Los Angeles, CA 90033

$1,599,995 Approx. USD 0 beds, 0 baths
5,000 sqft

Agent Remarks

ENTERTAINING BACK UP OFFER: This is an amazing brand new construction project just rented out. Only a few yards across the police station and in the heart of Boyle Heights, it is only 10 min. to the Arts District and to DTLA. Very close to stores, main streets, schools and convenient access to the 5, 10 and 60 FWY, this 4 unit complex gives your tenants condo-style living. There are 2 separate duplexes each with upper and lower level units complete with the modern luxury. The units have expansive open floor plans where the living room, dining and gourmet kitchen flow seamlessly. The vaulted ceilings and skylights are congruent with that open vast feel. The spacious master bedrooms have master bath with great finishes! The kitchen is one for entertainers with classic quartz counter tops, stainless steel appliance line in each unit and plenty of cabinet space. All units are 3bd 2ba, 1248 sq. ft. furnished with refrigerators, washers/dryers and 2 parking spaces for each. This is perfect for an investor looking for a sound investment in a hot area. All utilities have separate meters for electric, gas and water, and maintenance/repairs at very minimum. Upper units now rented for $2800/unit, lower for $2600/unit. Very attractive CAP Rate of 5.7 and GRM of 12.3 CHECK OUT THE PHOTOS, DRIVE-BY SHOWING, offer subject to interior inspection.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# CV16127340
List price is $1,599,995 Reduced by $50,005 on 9/27/2016
Beds: 0
Baths: 0
None fireplaces
Built in 2016
5,000 sqft
2 stories
0.16 acres
Lot size: 7158.000
County: Los Angeles
Property style: Contemporary
Interior features: Bathtub,Low Flow Shower,Low Flow Toilet(s),Living Room Balcony,Open Floor Plan,Recessed Lighting,Shower in Tub,Tile Counters
Appliances: Dishwasher,Free Standing Range,Garbage Disposal,Gas Oven,Range/Stove Hood,Refrigerator,Vented Exhaust Fan
Parking description: Assigned
Heating description: Central Furnace
MLS area: BOYH - Boyle Heights

Last Updated: 1/16/2017

 Find more Los Angeles homes and real estate

 Find more homes in 90033 zip code

This listing belongs to the BOYH - Boyle Heights MLS area

The style of this listing is Contemporary.
Find more Contemporary style homes for sale

Lat/Long: 34.046569, -118.213043.
Find nearby listings

Broker: Courtesy of RE/MAX 2000 REALTY
Listing Agent: ARNOLD VER
Co Listing Agent: Scott Goshorn

Area Map

Nearby Schools

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Similar Listings