203 S St Louis Street
Los Angeles, CA 90033
- – beds
- – baths
- – sqft
- 5,941 sqft lot
- 1965 build
- – on site
We are excited to present a prime investment opportunity with a beautifully maintained5-unit apartment building located at 203 S St Louis St in the rapidly developing neighborhood of Boyle Heights, Los Angeles. Situated near key attractions such as Dodger Stadium and Crypto Arena, this property is strategically positioned to benefit from the area's ongoing growth and revitalization. Spanning a total square footage of 3,976 on a 5,939 SF lot zonedLARD2, this asset offers significant potential for value appreciation. The property features a well-structured mix of units: one 3-bedroom,2-bath unit; two 2-bedroom, 1-bath units; and two 1-bedroom,1-bath units. Each unit is individually metered for gas and electricity, ensuring operational efficiency and streamlined management The property's excellent location provides easy access to public transportation, with bus and metro stations just a short walk away, enhancing its appeal to tenants and increasing occupancy potential. Given the ongoing developments in Boyle Heights and the surrounding areas, investors can expect robust rental demand and promising returns. This investment not only offers immediate cash flow potential but also the opportunity to capitalize on a burgeoning market poised for long-term growth. Don't miss your chance to secure a valuable asset in an increasingly desirable location.
Listed By CRMLS_CA / Derrick Vartanian / Lyon Stahl Investment Real Estate, Inc.
Last checked:
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Last updated Oct 31, 2024
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MLS# 24457625 —
The Building
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Year Built:1965
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3976.00
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# of Buildings:1
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Total Number Of Units:5
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:S of E 2nd St., N of E 3rd St. and E of S Cummings St. in the submarket of Boyle Heights. Close to some of the major Freeways in Los Angeles.
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Latitude:34.04394800
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Longitude:-118.21464100
The Property
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Property Type:Residential Income
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Zoning:LARD2
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Lot Size Area:5941.0000
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Lot Size Acres:0.1364
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Lot Size SqFt:5941.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5183011041
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway - Combination, Uncovered
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Parking Spaces:7.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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10/28/24
Oct 28, 2024
|
Listed / Active | CRMLS_CA | $1,100,000 | |
9/12/19
Sep 12, 2019
|
Listed / Active | DAMLS |