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Map
$2,245,032*
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Multifamily -
Off Market
963 S Lorena Street
Los Angeles, CA 90023
Studio
0 Bath
$1,800,000 - $2,200,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
About This Property
STUNNING 4 UNIT NEW CONSTRUCTION completed in June 2020.
FULLY LEASED at 5.8% CAP Rate in Los Angeles. This 2-story,
modern, energy efficient and low maintenance building is the best
priced investment property in the area. Each unit is approx 1,250
sf with a desirable floor plan that consists of 3 bedrooms and 2.5
bathrooms. All four (4) units come with all new appliances,
including an in-unit washer and dryer, central air conditioning &
heating, and a host of energy efficient construction including dual
pane windows, LED lighting and water conservation devices.
Best of all, this property is located in the rapidly growing
prime location of Boyle Heights which is central to many places.
Tenants looking for proximity to the civic center will be
approximately 3 miles from the Arts District and USC's Health
Sciences campus, and 4 miles from East Los Angeles College and the
Citadel Outlets. In addition, easy access to the 5, 60, 101 and 10
freeways - all of these are within a mile of the property. Each
unit is separately metered for water, gas and electricity.
Tenant is responsible for all utility expenses and Owner is
responsible for property tax and insurance. There is also on
site parking for 8 cars (2 enclosed garages). Please text / email
for more info. CofO is in progress.
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
2019
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Nov 19, 2020 | Sold to David Dong Keun Shin, Helen... | $1,905,000 | |
Sold to David Dong Keun Shin, Helen... | |||
Oct 16, 2020 | In contract | - | |
In contract | |||
Sep 2, 2020 | No longer available | - | |
No longer available | |||
Jul 24, 2020 | Price Decreased |
$2,000,000
↓ $85K
(4.1%)
|
|
Price Decreased |
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Property Highlights
Air Conditioning
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 |
---|---|---|---|---|---|---|---|---|
06/07/2020
|
|
Studio
|
-
|
-
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$2,085,000
Studio
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