Presenting a rare opportunity to acquire a pride-of-ownership fourplex in the heart of Boyle Heights one of Los Angeles' most dynamic and supply-constrained rental markets. Located at 2156 City View Ave, this 5,986 sq ft building sits on a 7,360 sq ft lot and delivers strong, stable income with… Read More significant long-term upside.The building offers a compelling unit mix of three spacious, modernized 4-bedroom/2-bathroom units and one 2-bedroom/1-bathroom unit. All units have in-unit laundry, with the 4bd units having updated interiors, wall AC/heat, laminate flooring, double-pane windows, and contemporary finishes attracting quality, long-term tenants. Each unit is separately metered for gas and electricity, minimizing landlord utility exposure. The property also includes a detached 3 space garage and additional 8 parking stalls a coveted amenity in this corridor.With a GRM of 11.49 and a healthy NOI of $80,210, this asset offers investors immediate income and a clear path to long-term value as units turn. Whether you're a seasoned portfolio investor or making your first multifamily acquisition, 2156 City View Ave delivers on every front: modernized asset, strong cash flow, excellent location, and true Los Angeles scarcity value. Read Less
Courtesy of The Collective Realty 310-569-1335
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
8
Square Ft.
5,986
Lot Size
0.17 Acres
Year Built
1925
MLS Number
26847373
Additional Details
Appliances & Equipment
"Gas Or Electric Dryer Hookup"
Building
5,986 sq ft, Built in 1925, Levels: "Two Level", "Attached"
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