Listing Courtesy of: Brian Noh - DRE #Active - Nohco Real Estate
$1,100,000 Down payment assistance icon Calculate Payment

3551 Siskiyou Street Los Angeles, CA 90023

Cluster Residence
Beds
Baths
4,102 Sq. Ft.
0.26 Acre Lot
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Listing Details

This is an incredible opportunity to acquire two parcels consisting of 2 and and 3 units, totaling 5 units in Boyle Heights just east of Downtown LA. All the units are two bedrooms, with two of them vacant, remodeled, and ready to move in. The other three units have long term MTM tenants in place of...fering a new owner/investor to achieve above market returns in the future. The property is being offered for sale together, but a creative investor can look to separate the two lots and sell them off individually. The entire property totals 4,102sf and sits on a large 11,225sf lot zoned RD1.5. With several detached garages, there is the potential of adding additional ADU’s for increased cash flow and rental income. There is tremendous value add opportunity as a savvy investor can achieve above market pro forma returns here. Convenient location in Boyle Heights east of Downtown Los Angeles near USC Medical Center, Community Hospital, Commerce, Freeways, Parks & Recreation, and Restaurants & Shops. Continue reading
MLS#
OC21000826
Property Type
Cluster
Status
Active
Year Built
1929
Square Feet
4,102 sq. ft
Price per Sq. Ft.
$268.16
Lot Size
0.26
Stories
1
Sewer
Public Sewer
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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More
Listing Courtesy of: Brian Noh - DRE #Active - Nohco Real Estate
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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