605 N ST LOUIS, LOS ANGELES, CA 90033

Property Description

About this home

3 of 4 UNITS DELIVERED VACANT! 605 N St Louis St presents an excellent opportunity to acquire a well-located 4-Unit building in Boyle Heights. The property features (3) 1 Bed/1 Bath and (1) 2 Bed/1 Bath Units that are separately metered for electric, gas, and trash. The property is projected to operate at a 6.45% cap rate and 10.98 GRM, offering attractive upside in a strong Boyle Heights market. Property is renovated with updated plumbing and interiors, new flooring, new drywall, modern bathrooms, new kitchen cabinets, and laundry on site. The location offers a vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, with a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene.

Key things to know

• Three of four units vacant, opportunity in Boyle Heights.
• Three one-bedroom units and one two-bedroom unit.
• Units separately metered for electric, gas, and trash.
• Renovated interiors with updated plumbing, new flooring, drywall, and modern bathrooms.
• White exterior with brick steps, black railings, and a front tree.