Address
2038 Hollenbeck Drive Los Angeles, CA
Price
$ 1,050,000
Property Attributes
  • MLS#20640856
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBoyle Heights
  • Zip90023
  • Style
  • Price$ 1,050,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,209 SqFt
Listing Provided Courtesy Of:
Alexis Kim with Secured Properties Inc..
Property Description

TREMENDOUS UPSIDE for this 4 plex building with tons of rental growth potential along with rapid city development. There will be a new bridge that connects Boyle Heights to the Arts District and you can imagine all the change that will happen once that is completed. Google "Sixth Street Viaduct" for more information. This property is located across the street from Hollenbeck park. Excellent and desirable location. All units are approx 950 sq ft. The new owner can convert each unit into 2 bedrooms. There is a carport with 4 parking spots, one for each unit. Additionally, 4 cars can be parked behind it. One of the unit has been remodeled with a washer and dryer in the unit and collecting $1690 in rent. All other units can be remodeled to maximize income. Many upgrades have been done within the last few years including new roof, new electrical panel and partial plumbing was replaced. Separate meters for gas and electricity.

Price History
10/6/2020 Listed $1,050,000

General Features

Appliances Disposal, Refrigerator, Range, Oven
Carport Spaces 4.00
Directions right off the 10 FWY
Flooring Carpet, Tile, Laminate
Garage Spaces 0.00
Heating Wall Furnace
Levels Two
Listagentaor Beverly Hills/Greater LA
Listing Agent Alexis Kim - BRE#01377398
Listing Agent State License 01377398
MLS Area BOYH - Boyle Heights
Parking Features Detached Carport
Pool Features None
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Total Units 4
Zoning LARD1.5

Interior Features

Appliances Y/N Yes
Fireplace Features Kitchen, Dining Room, Living Room
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features None

Exterior Features

Lot Size Area 6209.0000
Lot Size Square Feet 6209.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes
Total Parking 4.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90023

Price
AVG $1.06M
$1.05M
Visits
AVG 21
14
Year Built
AVG 1934
1923

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