532 South St Louis Street
532 South St Louis Street
$1,600,000
12
6
4,542
4,542
$352
Sold 4/25/24
Description
This property in the historic Boyle Heights community of Los Angeles represents an exceptional investment opportunity as an approximate 6.5 Cap and a 10.17 GRM. With one unit vacant now and another unit set to be vacant in the next 30 days, the subject property is a six unit property (two 1 bed 1ba, two 2 bed 1 ba and two 3 bed and 1 ba) that has been tastefully and thoroughly upgraded both interior and exterior. The subject property is conveniently located directly across the street from Hollenbeck...This property in the historic Boyle Heights community of Los Angeles represents an exceptional investment opportunity as an approximate 6.5 Cap and a 10.17 GRM. With one unit vacant now and another unit set to be vacant in the next 30 days, the subject property is a six unit property (two 1 bed 1ba, two 2 bed 1 ba and two 3 bed and 1 ba) that has been tastefully and thoroughly upgraded both interior and exterior. The subject property is conveniently located directly across the street from Hollenbeck Park, within eyeshot of DTLA and very near public transportation, including a metro and bus station, as well as police and fire department stations. The property is also in immediate proximity to five major freeways (5,10,60,101,710) and is close to shops, restaurants, schools, White Memorial Hospital and USC Medical Center. There are garages with alley access in the rear of the property and there is likely room to build ADU"s and/or replace or build ADU's on top of the garages. This property is very appealing to renters in a community where 75% of the residents rent their homes. The Boyle Heights neighborhood continues to grow in appeal with new businesses moving in while it maintains the charm of the old. Buyers to investigate the accuracy of all the information and conduct their own due diligence.
- Listed by Sylvia Ena • DRE #01129671 • Brokerage DRE #01364089 • Keller Williams Downtown LA
Property Details for 532 South St Louis Street
Zoning
LARD1.5
Parcel Number5183019007
Total Units6.0
Living Area4542
Source Living AreaVendor Enhanced
AreaBoyle Heights (BOYH)
Vacancy Rate1
Lot Size Area7371
Location
LISTING UPDATED: 04/29/2024 08:29 AM
Property Details for 532 South St Louis Street
Status | Sold |
---|---|
MLS # | 24-357419 |
Days on Market | 56 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1913 |
Lot Size | 0.17 AC / 7,371 SF |
County | Los Angeles County |
Location
Building Information for 532 South St Louis Street
Stories2Residences-Year Built1913Building Size-Lot Size0.17 AC / 7,371 SF
Payment Calculator
$9,398 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 532 South St Louis Street
Property History for 532 South St Louis 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 532 South St Louis Street
Taxable ValueLand$346,887Additions$231,798Total$578,685
Tax Record2023$7,998 ($666 / month)
Home Facts
Total Finished SqFt4,542 SqFtAbove Grade Finished SqFt4,542 SqFtLot Size7,369 SqFtStyleMulti-Family Res (5+ Units)Year Built1913ZoningLARD1.5CountyLOS ANGELESAPN5183-019-007
Schools near 532 South St Louis 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 |
---|---|---|
Breed 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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