2416 Boulder Street
2416 Boulder Street
$1,175,700
6
5
4,696
4,696
$250
Sold 7/13/21
Description
Pleased to present a solid 5-Unit income property in the booming Boyle Heights. Theres a total of 2 separate buildings on a 7000 Sq Ft lot Zoned R3- Tier 3 with alley access which allows multiple development opportunities. Front is a beautiful character four unit building with 2 bed & 1 bath each. Rear Building is a standalone SFR with 2 bed and 1 bath. Freshly painted, New landscape and palm trees, new windows and some fully remodeled units, Wrought iron fence around perimeter. Secure access, approximately...Pleased to present a solid 5-Unit income property in the booming Boyle Heights. Theres a total of 2 separate buildings on a 7000 Sq Ft lot Zoned R3- Tier 3 with alley access which allows multiple development opportunities. Front is a beautiful character four unit building with 2 bed & 1 bath each. Rear Building is a standalone SFR with 2 bed and 1 bath. Freshly painted, New landscape and palm trees, new windows and some fully remodeled units, Wrought iron fence around perimeter. Secure access, approximately 6 assigned parking spaces. this is a pandemic/recession proof investment, 4 out of 5 units receiving Sec 8 assistance of about 80% of the rent and generating steady cash flow, All tenants pay rent, No Covid-19 holdbacks. Ideal for any investor looking to add units to their portfolio with the benefit of owning a low maintenance property in a trendy and up and coming area with development opportunity. All units come with individual electric meters, gas is master meter which allows for 5% annual rent increase. Rapidly developing neighborhood has several new developments in the immediate area. Location is sought out by both families and working professionals due to it's proximity to Downtown Los Angeles.
Listing Agent
Property Details for 2416 Boulder Street
Zoning
LAR3
Cross StreetsSoto St
Parcel Number5177027010
Total Units5.0
Living Area4696
Source Living AreaAssessor
AreaBoyle Heights (BOYH)
Vacancy Rate0
Location
LISTING UPDATED: 04/16/2024 11:51 AM
Property Details for 2416 Boulder Street
Status | Sold |
---|---|
MLS # | 21-714658 |
Days on Market | 35 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.16 AC / 7,002 SF |
County | Los Angeles County |
Location
Building Information for 2416 Boulder Street
Stories2Residences-Year Built1922Building Size-Lot Size0.16 AC / 7,002 SF
Payment Calculator
$7,702 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2416 Boulder Street
Property History for 2416 Boulder 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.
Public Records for 2416 Boulder Street
Taxable ValueLand$767,040Additions$432,174Total$1,199,214
Tax Record2023$15,435 ($1,286 / month)
Home Facts
Total Finished SqFt4,696 SqFtAbove Grade Finished SqFt4,696 SqFtLot Size7,002 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLAR3CountyLOS ANGELESAPN5177-027-010
Schools near 2416 Boulder Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Sheridan Street Elementary School PublicK to 6 | ||
Extera Public Schools CharterK 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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