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

Bedrooms

12

Building size

10,233 sqft

Lot size

14,717 sqft

Year built

1966

Stories

2

Heating

None

Cooling

None

Status

Active

Days on market

0

MLS #

248947914

About this property

117 N St Louis Street is a 12-unit multifamily property situated on a 14,713 SF LARD1.5-zoned corner lot. The property consists of three separate residential structures, including a ten-unit apartment building built in 1966, and two detached single-family residences built in 1901 and 1942. The property features a unit mix of four (4) studios, four (4) one-bed/one-bath, two (2) two-bed/two-bath, one (1) single family three-bed/one-bath, and one (1) spacious single family four-bed/three-bath, providing plenty of diversity for tenants. The three structures total approximately 10,233 SF of rentable living space, include ten (10) on-site parking spaces and seven units have been remodeled. 117 N St Louis Street is ideally located in prime Boyle Heights, just east of Downtown Los Angeles, one of the region's primary employment and cultural hubs. The property is deemed a "Walker's Paradise" with a Walk Score of 93 and benefits from excellent accessibility to major transportation corridors, including the San Bernardino Freeway, Golden State Freeway, and Pomona Freeway. The location also offers close proximity to the USC Health Sciences Campus, LAC+USC Medical Center, and Adventist Health White Memorial Medical Center, three of the area's largest employment centers. 117 N St Louis Street is well positioned to benefit from access to neighborhood retail, dining, transit options, and the greater Downtown Los Angeles job base. The property is located within the city of Los Angeles and is subject to Rent Control.

Location

117 N St Louis Street

Los Angeles, Los Angeles, CA, 90033