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2120 Sheridan Street
Los Angeles CA 90033 US

$1,019,999

Active Listing ID PW24071520
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11 bed
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6.00 Bath (5 Full Bath , 1 Half Bath)
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Lot: 6,926.00 Square Feet
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Other

$1,019,999

Active Listing ID PW24071520
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2120 Sheridan Street 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 it’s 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!

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Property Features

  • Facts
  • Lot Size: 6,926.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • 1/2 Bathrooms: 1
  • Exterior Finish: Community Features Included: Curbs, Sidewalks, Street Lights, 0-1 Unit/Acre, Corner Lot
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1019999
  • unparsedaddress: 2120 Sheridan Street
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90033
  • bathroomsfull: 5
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.158999081726354
  • lotsizeunits: Square Feet
  • lotsizearea: 6926
  • livingarea: 5216
  • livingareaunits: Square Feet
  • latitude: 34.05098
  • longitude: -118.208951
  • listagentfullname: Andrew Munoz
  • listagentemail: andrew@elevarrealestate.com
  • listagentkey: 3yd-MRMLSCA-PWMUNAND
  • listagentmlsid: PWMUNAND
  • listagentpreferredphone: 2138423363
  • listagentofficephone: 5625137800
  • listofficekey: 3yd-MRMLSCA-PB16299
  • listagentstatelicense: 01989243
  • listofficemlsid: PB16299
  • disclaimer: 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.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1963
  • listingcontractdate: 2024-04-10
  • countyorparish: Los Angeles
  • parcelnumber: 5175017005
  • heating: Central Furnace
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 1
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Community Features Included: Curbs, Sidewalks, Street Lights, 0-1 Unit/Acre, Corner Lot
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.208951, 34.05098
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Listing Changed: 4/11/2024 1:31:35 AM GMT
Source Updated Date: 5/5/2024 6:43:15 AM GMT

Courtesy of: Andrew Munoz, Keller Williams Pacific Estate, andrew@elevarrealestate.com

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.

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