Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high
2469 East 7th Street . Central LA , CA 90023
4 units located at 2469 E 7th Street in Los Angeles, California. Built in 2020, all units are currently vacant with Certificate of Occupancy approximately by November 1st. This brand new multifamily building sits on 6,968 square feet of land with 6,071 square feet of rentable area and consists of all (4)- four bed / three bath units. For more information contact the listing agent, Filip Niculete 818-212-2748 Filip.Niculete@marcusmillichap.com
Posted: 03/13/2021 4:44 pm
| On HOMEiZ: 1160 days |
Updated: 3 years ago
| Views: 491
Location Map
Property Type
Sold
Property Price
$2050000
$2050000
03/11/2021
6,968.00
Sq. Ft.
$338
6071
Contact listing agent%
6.57%
$0
$134685
11.86
1.25%
$25625
Property Location & Description
4 units located at 2469 E 7th Street in Los Angeles, California. Built in 2020, all units are currently vacant with Certificate of Occupancy approximately by November 1st. This brand new multifamily building sits on 6,968 square feet of land with 6,071 square feet of rentable area and consists of all (4)- four bed / three bath units. For more information contact the listing agent, Filip Niculete 818-212-2748 Filip.Niculete@marcusmillichap.com
Non Rent Control
Built in 2020, all units are currently vacant with Certificate of Occupancy approximately by November 1st. This brand new multifamily building sits on 6,968 square feet of land with 6,071 square feet of rentable area and consists of all (4)- four bed / three bath units.Furthermore, tenants have the luxury to of using the 6th Street Viaduct which is expected to be completed in the Summer of 2022. This $588 million
Viaduct is the largest bridge project to be built in the history of Los Angeles. It will serve as the vital connection between Arts District and the historic neighborhood of Boyle Heights. Upon completion, a 12 acre park will be constructed underneath the structure which will provide easy access to the Los Angeles River, public art, recreational programming and more.
The property is well located in Boyle Heights just minutes from all the premier dining, entertainment and shopping that The Arts District, Downtown LA and LA Live has to offer. Tenants enjoy close proximity to Urth Caffe, Blue Bottle Coffee, Bestia, Bavel and many more famed coffee and restaurants!
4
$512500
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
4+3
1
1386
2.
4+3
1
1386
3.
4+3
1
1386
4.
4+3
1
1386
5.
5189-006-006
LARD1.5
0%
Yes
Wood & Stucco
2
2020
Excellent
Individually Metered for Water, Gas & Electric
All Units Vacant
Built in 2020, Brand New
On-Site Garage Parking w/ Alley Access
High-End Appliances
Property Information
Sewer
Sewer System (Public)
Parking
Off-street
On-street
Assigned Parking
No Data
Investment Overview
Investor
Energy Efficiency
No
No Data
N/A
N/A
No
No
No
No
Neighborhood lifestyle
Urban Core
More information
Listing Presented by
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