2236 Whittier Boulevard

    Los Angeles (City), CA 90023
    • $1,595,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: 19527374
    $1,595,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this rare LAC1.5 (Equivalent to R4 with retail) development opportunity, located within the prime Boyle Heights submarket. Well-positioned in a gentrifying area of Boyle Heights, the site presents the opportunity for an astute developer to capitalize and build up to 19 units by right. Currently, the subject property consists of four (4) multifamily units, constructed of wood frame and stucco in 1936, with approximately 3,514 rentable square feet on a 7,800 square foot lot.Current gross income: $7,420.00/month). 3 of the 4 units have a tremendous amount of rental upside - incredible value add investment opportunity. Current rents are the following: 5+3 ($4,000), 2+1 ($1,326), 1+1 ($992), & 1+1 ($1,102).

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-22T00:27:59.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/100579745

    2236 Whittier Boulevard Los Angeles (City), CA 90023

    • Price: $1,595,000
    • Status: Active
    • ID#: 19527374
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    We are pleased to offer for sale this rare LAC1.5 (Equivalent to R4 with retail) development opportunity, located within the prime Boyle Heights submarket. Well-positioned in a gentrifying area of Boyle Heights, the site presents the opportunity for an astute developer to capitalize and build up to 19 units by right. Currently, the subject property consists of four (4) multifamily units, constructed of wood frame and stucco in 1936, with approximately 3,514 rentable square feet on a 7,800 square foot lot.Current gross income: $7,420.00/month). 3 of the 4 units have a tremendous amount of rental upside - incredible value add investment opportunity. Current rents are the following: 5+3 ($4,000), 2+1 ($1,326), 1+1 ($992), & 1+1 ($1,102).
    Exterior Features

    Lot Size Dimensions A.179 Lot Size Units Square Feet View See Remarks View YN Yes

    Property Features

    Association Fee 0.00 Special Listing Conditions Standard Zoning Lac1.5

    Listing provided courtesy of Davis Saadian of Brc Advisors- Bh


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-22T00:27:59.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
    J1 REALTY GROUP
    16755 Von Karman Ave, Ste 200
    Irvine CA, 92606