INVESTMENT SUMMARY
1815 E 2nd Street Los Angeles, CA 90033
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TypeMulti family
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Price$3,900,000
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CAP Rate4.27%
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NOI$177,261
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Building Size15,874 SF
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Occupancy100%
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StatusCLOSED
CONTACT BROKER
Paul Z. Matysek, CCIM
T: 310.405.0902 paul@matysekinvestment.com
24 UNIT APARTMENT BUILDING
Gentrifying Boyle Heights Neighborhood
INVESTMENT HIGHLIGHTS
- 24 Unit Apartment building in gentrifying Boyle Heights neighborhood of Los Angeles
- First time on the market in decades
- No Rent Control
- Low in place rents, significant upside potential
- Portfolio opportunity with another apartment building that same Seller owns down the street at 120 S Boyle
- Mariachi Plaza development nearby