1404-1406 Warren Street
1404-1406 Warren Street
$1,700,000
8
8
4,034
4,034
$421
Sold 10/15/21
Description
We are pleased to present 1404-1408 Warren St - an eight (8) unit multifamily investment opportunity located in one of the most highly desirable neighborhoods in Boyle Heights. This investment consists of side by side wood frame stucco Quadraplexes situated on two separate APN's that are zoned LARD 1.5. 1404 Warren St consists of 2,064 SF of living area and is situated on a 3,726 SF lot and 1408 Warren St consists of 1,970 SF of living area and is situated on a 3,729 SF lot. These properties feature:...We are pleased to present 1404-1408 Warren St - an eight (8) unit multifamily investment opportunity located in one of the most highly desirable neighborhoods in Boyle Heights. This investment consists of side by side wood frame stucco Quadraplexes situated on two separate APN's that are zoned LARD 1.5. 1404 Warren St consists of 2,064 SF of living area and is situated on a 3,726 SF lot and 1408 Warren St consists of 1,970 SF of living area and is situated on a 3,729 SF lot. These properties feature: One (1) One Bedroom / One bath unit + Den and Seven (7) One Bedroom / One Bath units. All units are individually metered for both gas and electricity. Further, the property provides eight (8) parking spaces for the tenants in a spacious rear lot. This asset has been well maintained and cared for by the current owner, who has done a number of renovations to maximize the property's potential. 1408 Warren St was converted from a duplex into a 4 unit property in order to maximize the space and all the work was done with permits. Six of the eight units have also been remodeled. This sale presents an incredible opportunity for a new owner/investor to own a stabilized asset located on a quiet and charming street in prime Boyle Heights. This asset provides ample parking for the tenants along with units that are in high rental demand. The buildings are also located in a State Enterprise and Opportunity zone which could allow for potential tax incentives (Buyer to verify).
- Listed by Adrian Stepien • DRE #01979555 • Brokerage DRE #01854200 • KW Advisors
- Listed by Derrick Vartanian • DRE #01816119 • Brokerage DRE #01854200 • KW Advisors
Property Details for 1404-1406 Warren Street
Zoning
LARD1.5
Parcel Number5174020020
Total Units8.0
Living Area4034
Source Living AreaOther
AreaBoyle Heights (BOYH)
Vacancy Rate0
Lot Size Area7455
Location
LISTING UPDATED: 02/07/2022 03:04 PM
Property Details for 1404-1406 Warren Street
Status | Sold |
---|---|
MLS # | 21-765412 |
Days on Market | 18 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1905 |
Lot Size | 0.17 AC / 7,455 SF |
County | Los Angeles County |
Location
Building Information for 1404-1406 Warren Street
Stories2Residences-Year Built1905Building Size-Lot Size0.17 AC / 7,455 SF
Payment Calculator
$9,278 per month
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Property Information for 1404-1406 Warren Street
Property History for 1404-1406 Warren Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1404-1406 Warren Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Bridge Street Elementary School PublicK to 5 | ||
Hollenbeck Middle School Public6 to 8 | ||
Theodore Roosevelt Senior High Public9 to 12 | ||
Felicitas And Gonzalo Mendez High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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