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Map
$2,800,677*
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Multifamily -
Off Market
3561 E Percy Street 3565
Los Angeles, CA 90023
Studio
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/11/2020
|
|
Studio
|
-
|
-
|
$2,495,000
Studio
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