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532 St Louis Street

Los Angeles, CA 90033

$1,650,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $363 / sqft

1913

calendar_month Built

Property Description

This property in the historic Boyle Heights community of Los Angeles represents an exceptional investment opportunity as an approximate 6.5 Cap and a 10.17 GRM. With one unit vacant now and another unit set to be vacant in the next 30 days, the subject property is a six unit property (two 1 bed 1ba, two 2 bed 1 ba and two 3 bed and 1 ba) that has been tastefully and thoroughly upgraded both interior and exterior. The subject property is conveniently located directly across the street from Hollenbeck Park, within eyeshot of DTLA and very near public transportation, including a metro and bus station, as well as police and fire department stations. The property is also in immediate proximity to five major freeways (5,10,60,101,710) and is close to shops, restaurants, schools, White Memorial Hospital and USC Medical Center. There are garages with alley access in the rear of the property and there is likely room to build ADU"s and/or replace or build ADU's on top of the garages. This property is very appealing to renters in a community where 75% of the residents rent their homes. The Boyle Heights neighborhood continues to grow in appeal with new businesses moving in while it maintains the charm of the old. Buyers to investigate the accuracy of all the information and conduct their own due diligence.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 532 St Louis Street
City Los Angeles
State CA
Zip 90033
County Los Angeles
Listing Agent Sylvia Ena DRE#01129671
Courtesy Of Keller Williams Downtown LA
MLS 24357419
List Price $1,650,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 7,371
Year Built 1913
DOM 22

Exterior Information

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Listing information courtesy of: Sylvia Ena, Keller Williams Downtown LA . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 29th, 2024 at 8:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.