Multifamily For Sale

$1,595,000

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2619 Pennsylvania Avenue

Los Angeles, CA 90033

  • beds
  • baths
  • sqft
  • 5,419 sqft lot
  • 1963 build
  • on site

100% Vacant 6 unit building + 1 Potential ADU. Value add fixer in hot Boyle Heights area just minutes away from DTLA and Arts District. Huge upside to 11% Cap Rate and 7.5 GRM after renovations. Large units with potential to reconfigure the layouts to create additional beds and baths to a more favorable unit mix and maximize rents. Building is only a 6 minute walk to the metro station, and has a walk score of 93 making it convenient for shopping and employment. Individually metered for gas and electricity and includes 3 garages with alley access and ADU potential. Rent Roll on MLS is projected as building is 100% vacant.

CRMLS_CA logo Listing courtesy of CRMLS_CA / Hooman Emanuel / Keller Williams Studio City

Last checked: Checking… • Last updated Nov 24, 2020 • Source: CRMLS_CA

MLS# 20663444 —

Amenities & Taxes

The Building

Year Built:
1963
Number Of Buildings:
1
Total Number Of Units:
7

Location

Directions:
South of E. Caesar Chavez Ave. and East of S. Soto Street in Prime Boyle Heights Location
Latitude:
34.04331000
Longitude:
-118.20595700

The Property

Zoning:
LARD1.5
Lot Size Area:
5419.0000
Lot Size Acres:
0.1244
Lot Size Square Feet:
5419.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:
Standard
Parcel Number:
5180010024

The Community

Senior Community:
No

Parking

Parking:
Yes
Parking:
Garage

Schools

Rating Details
2

1 St Street Elementary School

  • Public
  • K-6
  • 0.2 mi
3

Roosevelt Senior High School

  • Public
  • 9-12
  • 0.4 mi
4

Boyle Heights Science Technology Engineering And Math High School

  • Public
  • K-K
  • 0.5 mi
6

Hollenbeck Middle School

  • Public
  • 6-8
  • 0.6 mi
4

Felicitas And Gonzalo Mendez High School

  • Public
  • 9-12
  • 1.3 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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WalkScore®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Loud Moderate Quiet

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Sale history

Date Event Source Price % Change
11/24/20
Listed / Active CRMLS_CA $1,595,000
11/5/20
Price Changed CRMLS_CA
10/26/20
Listed / Active CRMLS_CA

Finding records…

No additional history available

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