2120 Sheridan Street, Los Angeles, CA 90033

  • $1,019,999
  • $196
2120 Sheridan Street, Los Angeles, CA 90033
  • Residential Income
  • Property Type
  • 1.00
  • Garage
  • 1963
  • Year Built
For Sale
2120 Sheridan Street, Los Angeles, CA 90033
  • $1,019,999
  • $196

Overview

Property ID: SGR-29143262
  • Residential Income
  • Property Type
  • 1.00
  • Garage
  • 1963
  • Year Built

Description

Welcome to this absolutely stunning 5 unit income producing property for sale in prime Boyle Heights, this offering presents an excellent opportunity for any investor to capitalize on positive initial cash flow while having the ability to add value for strong rental upside in one of the most gentrifying markets of Los Angeles. Perfectly located on a corner lot with private alley access allows you truly appreciate this amazing setup. You have a 4 unit building consisting of four 2 bed 1 bath units over 1,000 sqft each and a separate detached 3 bedroom 2 bath single family home with it’s own two car garage giving you the ability to convert into an ADU and increase the value. All 5 units are individually metered and the single family home has its own water meter as well making it two water meters for the property. You have the potential for major upside while collecting very healthy rents. You generate up to $14K in rents a month, huge upside! Located in a very desirable location, within walking distance to shopping centers, restaurants, USC Medical Center, White Memorial Hospital, DTLA and much more. Tenants will love the convenience of being within walking distance to Soto Station, as well as a plethora of other rapidly developing amenities in the area that are driving ongoing growth and increased demand. Easy access to major freeway’s such as the 5 and 10 and 101 FWY. Boyle Heights is a mix of history and trendy coffee shops, restaurants, art and music. The signs of gentrification are clear as new development and companies moving into the area. This will not last!

  • Address 2120 Sheridan Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90033
  • Area BOYH - Boyle Heights
  • Country United States

Details

Updated on April 11, 2024 at 1:45 am
  • Property ID: SGR-29143262
  • Price: $1,019,999
  • Land Area: 6926.00 m²
  • Garage: 1.00
  • Year Built: 1963
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 5216.00
  • MLS#: PW24071520
  • Office Name: KELLER WILLIAMS PACIFIC ESTATE
  • Agent Name: Andrew Munoz
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Keller Williams Pacific Estates Cerritos
  • Co-Agent Name: Jovani Pina
  • Agent State License: 01989243
  • Co-Agent State License: 01959832

Additional details

  • Sewer: Public Sewer
  • Heating: Central,Wall Furnace
  • County: Los Angeles
  • Property SubType: Commercial/Residential
  • Parking: 1.00
  • Water Source: Public

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
Sankofa Global Realty
  • Sankofa Global Realty

Enquire About This Property

Similar Listings

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Sankofa Global Realty
  • Sankofa Global Realty