20 days Back

2120 Sheridan Street, Los Angeles, CA 90033

  • 11 Bedrooms
  • 6 Bathrooms
  • 5,216 sqft

Value Estimates

Fair Condition
$994,499
Good Condition
$1,036,319
Excellent Condition
$1,041,419

About

Welcome to this absolutely stunning 5 unit income producing property for sale in prime Boyle Heights, this offering presents an excellent opportunity for any investor to capitalize on positive initial cash flow while having the ability to add value for strong rental upside in one of the most gentrifying markets of Los Angeles. Perfectly located on a corner lot with private alley access allows you truly appreciate this amazing setup. You have a 4 unit building consisting of four 2 bed 1 bath units over 1,000 sqft each and a separate detached 3 bedroom 2 bath single family home with its own two car garage giving you the ability to convert into an ADU and increase the value. All 5 units are individually metered and the single family home has its own water meter as well making it two water meters for the property. You have the potential for major upside while collecting very healthy rents. You generate up to $14K in rents a month, huge upside! Located in a very desirable location, within walking distance to shopping centers, restaurants, USC Medical Center, White Memorial Hospital, DTLA and much more. Tenants will love the convenience of being within walking distance to Soto Station, as well as a plethora of other rapidly developing amenities in the area that are driving ongoing growth and increased demand. Easy access to major freeway's such as the 5 and 10 and 101 FWY. Boyle Heights is a mix of history and trendy coffee shops, restaurants, art and music. The signs of gentrification are clear as new development and companies moving into the area. This will not last!

General Information

11 beds
5,216 Sq Ft
MultiFamily
1963
Active
6 baths
6,926.00 Sq Ft Lot
2
1 spaces
20 Days on Market

Listing Details

Commercial/Residential - Los Angeles, CA
MRMLSCA
California Regional Multiple Listing Service, Inc
PW24071520
ListHub
Keller Willliams Pacific Estates
(562) 513-7856
Andrew Munoz
andrew@elevarrealestate.com
(213) 842-3363
(562) 513-7800
3yd-MRMLSCA-PWMUNAND

Keller Williams Pacific Estate
(562) 513-7800
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property Features

  • Attic
  • Barbecue Area
  • Basement
  • Deck
  • Disabled Access
  • DBL Pane Windows
  • Fireplace
  • Gated Entry
  • Greenhouse
  • Hot Tub Spa
  • Pool
  • RV Parking
  • Sauna
  • Security System
  • Sprinkler System
  • Vaulted Ceiling
  • Wet Bar
  • Heating Systems
  • New Construction
  • Waterfront
  • Parking:

Nearby Schools

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    Listing Agent

    Andrew Munoz

    Keller Willliams Pacific Estates

    (562) 513-7856

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