Los Angeles, CA 90022,926 S Ford BLVD
Los Angeles, CA 90022,926 S Ford BLVD
Los Angeles, CA 90022,926 S Ford BLVD
Los Angeles, CA 90022,926 S Ford BLVD
Los Angeles, CA 90022,926 S Ford BLVD
Los Angeles, CA 90022,926 S Ford BLVD
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$1,060,000

$1,200,000

11.7%
Est.Price: ?

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Est. payment /mo

6 Beds

5 Baths

2,808 SqFt


SOLD DATE : 08/01/2024

Key Details

Sold Price $1,060,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,808 sqft

Price per Sqft $377

MLS Listing ID 24380539

Sold Date 08/01/24

Bedrooms 6

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1973

Lot Size 5,458 Sqft

Property Description

We are pleased to present a three (3) property portfolio (may be sold together or separate) totaling nine (9) unit located in Los Angeles, California. The subject property is situated in an ideal East Los Angeles / Boyle Heights location, north of the -5 freeway and east of the -101 freeway. Built in 1954, 2722 E 2nd Street contains an exceptional unit mix of two (2) two-bedroom / one-bathroom units and one (1) three-bedroom / two-bathroom detached single-family residence. There is ample on-site parking available. Built in 1927, 1050 S Bonnie Beach Place contains a incredible unit mix of two (2) two-bedroom / one and a half-bathroom units and one (1) three-bedroom / one and a half-bathroom unit. There is positive initial cash flow at a 7.26% cap rate on current numbers. Additionally, there is potential to convert the carports into multiple ADU unit(s). Built in 1973, 926 S Ford Boulevard contains a streamlined unit mix of three (3) two-bedroom / one and a half-bathroom units with a bonus den. There is potential to convert the carports into multiple ADU unit(s). Situated in an ideal East Los Angeles / Boyle Heights location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire up to three (3) triplexes all within a few miles of each other.

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Zoning LCP*

Interior

Heating Wall Furnace

Flooring Wood

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Covered, Detached Carport, Uncovered

Pool None

Community Features Gated

Porch Open, Patio

Attached Garage No

Total Parking Spaces 6

Private Pool No

Building

Lot Description Landscaped, Rectangular Lot

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5246005028

Security Features Gated Community

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jason Tuvia • Marcus & Millichap
Bought with MAURICIO SANCHEZ • RE/MAX MASTERS

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