3025 Lanfranco Street
Los Angeles, CA 90063
- 7 beds
- – baths
- 2,819 sqft
- 7,038 sqft lot
- $460 per sqft
- 1961 build
- – on site
We are pleased to present a rare investment opportunity situated on one of the most desirable streets in Boyle Heights. This property offers immediate income potential with three of its four units fully renovated and ready for occupancy at market rents. Key Features: Turnkey Investment: Generate immediate cash flow with three units already rented at market rates, currently producing a total monthly income of $8,440 ($101,280 annually). Desirable Location: Situated on a premier street in Boyle Heights, known for its strong rental demand and potential for appreciation. Modernized Units: Three units feature comprehensive renovations, including updated electrical and plumbing systems, new paint, windows, flooring, laundry connections, kitchen countertops and cabinets, and bathroom fixtures. Separate Metering: Individual gas and electricity meters for each unit ensure efficient utility management and cost recovery. Ample Parking: The property includes two separate buildings, each with a two-car garage, plus additional parking spaces, a valuable amenity in this urban location. ADU Potential: The existing two-car garage presents the opportunity for conversion into an Accessory Dwelling Unit (ADU), subject to local regulations, further enhancing the property's income potential. This prop
Last checked:
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Last updated Dec 17, 2024
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MLS# CRGD24237746 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1961
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Building Area Units:Square Feet
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Building Area Total:2819
Room Dimensions
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Living Area:2819
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Living Area Units:Square Feet
Location
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Directions:Corner of Lanfranco St and 30th St.
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Other
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Parcel Number:5186002009
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Zoning:LAR2
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Lot Size Area:0.16
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Lot Size Acres:0.16
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Lot Size SqFt:7038
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (818) 497-5294
Taxes
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Tax Tract:2041.20
Beds
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Bedrooms Total:7
The Listing
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Listing TermsCash
Heating & Cooling
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Cooling:Other
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Cooling:true
Appliances
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Laundry Features:Gas Dryer Hookup
The Community
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Association:false
Parking
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Parking Total:2
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 |
|---|---|---|---|---|
|
7/14/22
Jul 14, 2022
|
Sold | BRIDGE |
