See Home Value
$2,800,677*
Multifamily - Off Market

3561 E Percy Street 3565

Los Angeles, CA 90023
bedrooms
Studio
bathrooms
0 Bath
$2,246,000 - $2,744,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model

About This Property

We are please to present this brand new 5-Unit Multi-Unit Development in the booming Boyle Heights.  This ground-up construction project is ideal for anyone looking to add units to their investment portfolio.  This 5 Unit investment property is scheduled to generate good cash flow (projected at 5.6% CAP) with the benefit of owning a low maintenance property for years to come.  All units come with their own utility meters, passing all utility expenses onto the tenants.  The large lot allows ample onsite parking for tenants which is rare to find in Los Angeles.  There are approximately 10 assigned parking spaces with room to add 2 more spaces.  This rapidly developing neighborhood has several new developments in the area, with two new projects just West of Subject on the same block.  Location is sought out by both families and working professionals due to it's proximity to Downtown Los Angeles.  There are a total of 3 separate buildings.  Front Building consists of 2 Units with 3 bed & 2 bath each.  Middle Building consists of 2 Units with 3 bed & 2 bath each.  Rear Building is a standalone 2-story SFR with 4 bed and 2.5 bath.  All units include their own in-unit washer and dryer, stainless steel refrigerator, stove and microwave hood, and dishwasher.  All units are equipped with Central A/C and Heat as well as tankless water heaters.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Sep 25, 2020 In contract -
In contract
Aug 11, 2020 Listed $2,495,000
Listed

Property Highlights

Air Conditioning
Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200811
08/11/2020
Studio
-
-
$2,495,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

3561 East Percy Street 3561 East Percy Street, Los Angeles, CA 90023
More about this Building
3561 East Percy Street
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About East LA


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Nearby Rentals

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$1,900 /mo

  • Studio
  • 1 Bath
  • 400 ft²
1024 S Duncan Avenue 1/2, East Los Angeles, CA, 90022 Listing by Jennifer Avellan


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