Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Lot size

7,505 sqft

Year built

1940

Stories

1

Garage spaces

0

Heating

None

Cooling

None

Pool

None

View

None

Status

Active

Days on market

17

MLS #

240081000

About this property

11-unit apartment complex ideally situated in the heart of Eagle Rock, directly across from Eagle Rock Center, presenting a compelling investment opportunity. The property is fully occupied with stable rental income in place.Strategically located with convenient access to the 2 and 134 freeways, as well as premier shopping, dining, and local schools. Several units have undergone recent updates, offering upside potential for further value enhancement.Zoned C4, providing flexibility for a range of commercial and residential uses (buyer to verify with the City of Los Angeles). The unit mix includes studios, one 3-bedroom unit, and two separate 2-bedroom units, catering to a diverse tenant base.

Location

2561 Colorado Boulevard

Los Angeles, Los Angeles, CA, 90041