Status   SOLD  
5 Units-Rare Vacancy, Easy to Rent
464 Forest Ave., Los Angeles, CA, 90033 United States
sold
$625,000
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List Date7/8/2008
TypeInvestment
School DistrictCheck with city.
Units5
Square Footage4392
Lot Size5793
Age1951
Turn-key mid-century 5 unit building in low-vacancy Boyle Heights rental market. Units are a breeze to rent in the rare event of a vacancy. Impressive operating numbers with 6% cap rate @ existing rents with upside potential. 100% Occupancy!
Interior Features -Fantastic unit mix 2 large 1+1's and three 2+1's
-HUGE 800+ square foot One Bedroom Units, May be Converted to 2BRís
-Each of the building's 2BR units were previously converted from 1BR's
-Individual gas, electric & water heaters
-W/D hook-ups in each unit!
Exterior Features Large Driveway and Two Enclosed Garages Offering Plentiful Onsite Parking
Additional Features and Amenities 3 additional enclosed garages for extra income!