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203 S St Louis Street

Los Angeles, CA 90033

$1,100,000

List Price

9

bed Beds

6

shower Baths

3,976 sqft

straighten / sqft

1965

calendar_month Built

Property Description

We are excited to present a prime investment opportunity with a beautifully maintained5-unit apartment building located at 203 S St Louis St in the rapidly developing neighborhood of Boyle Heights, Los Angeles. Situated near key attractions such as Dodger Stadium and Crypto Arena, this property is strategically positioned to benefit from the area's ongoing growth and revitalization. Spanning a total square footage of 3,976 on a 5,939 SF lot zonedLARD2, this asset offers significant potential for value appreciation. The property features a well-structured mix of units: one 3-bedroom,2-bath unit; two 2-bedroom, 1-bath units; and two 1-bedroom,1-bath units. Each unit is individually metered for gas and electricity, ensuring operational efficiency and streamlined management The property's excellent location provides easy access to public transportation, with bus and metro stations just a short walk away, enhancing its appeal to tenants and increasing occupancy potential. Given the ongoing developments in Boyle Heights and the surrounding areas, investors can expect robust rental demand and promising returns. This investment not only offers immediate cash flow potential but also the opportunity to capitalize on a burgeoning market poised for long-term growth. Don't miss your chance to secure a valuable asset in an increasingly desirable location.

Listing Information

List Price $1,100,000
Status Active
MLS 24457625
Type Residential Income
Year Built 1965
Lot Size 5,941
Structure Size 3,976
DOM 8
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Derrick Vartanian DRE#01816119

Interior Features

Total Bedroom
Bedrooms 9
Total Bathroom
Bathrooms 6
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

home_work Nearby Properties

Image

$1,399,900

king_bed N/A
shower N/A
straighten N/A
straighten 11,895
206 S Saint Louis Street,

Los Angeles, CA 90033
Image

$1,399,900

king_bed N/A
shower N/A
straighten N/A
straighten 11,895
206 S Saint Louis Street,

Los Angeles, CA 90033
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$799,000

king_bed 3
shower 4
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straighten 5,916
2215 E 2Nd Street,

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king_bed N/A
shower N/A
straighten N/A
straighten 9,077
151 N Chicago Street,

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$1,599,800

king_bed N/A
shower N/A
straighten N/A
straighten 6,538
104 S Breed Street,

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Listing information courtesy of: Derrick Vartanian, Lyon Stahl Investment Real Estate, Inc. 310-341-4872. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 5th, 2024 at 1:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.