fill
fill
fill
Gary & Colleen Wolfson
(858) 792-6085
Direct Office:
(818) 597-4513
colleenwolfson@bhhscal.com

DRE# 01044223
fill
fill
fill
fill
Gary & Colleen Wolfson
fill
(858) 792-6085
Direct Office:
(818) 597-4513
colleenwolfson@
bhhscal.com

DRE# 01044223
fill
fill
(858) 792-6085
fill
fill
fill
fill
fill
fill
fill
fill
SOLD
$950,000
Date 09/29/2023

2028 E 3rd Street
Los Angeles, CA 90033

Apartment
Residence
5,033
Sqft
0.1447
Lot Size
Listing Agent: Aaron Jacobson CalDRE: 02100737 - Lyon Stahl Investment Real Estate, Inc.
2028 E 3rd St is an excellent investment opportunity inthe thriving neighborhood of Boyle Heights. Thismassive 5,033 Sq. Ft Building comes with anexceptional unit mix of (2) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, and (1) Detached 3-Bed/2-Bath house. A fewblocks from the famous Mariachi Plaza, Metro GoldLine and across the river from Los Angeles' Arts District,2028 E 3rd will come with Two units delivered tenant-ready!This offering presents an investor with the opportunity toacquire a strong cap rate of 5.82% and 11.10 GRM.Offered at only $218/Sq. Ft, this value add apartmenthas over 40% in rental upside. Once fully stabilized, this5 unit apartment will operate at a 9.43% cap rate anda GRM of 7.85.Boyle Heights is a quickly growing neighborhood in LosAngeles adjacent to Downtown Los Angeles. A vibrantand culturally diverse neighborhood known for its richhistory, tight-knit community, and eclectic mix ofcuisines, Boyle Heights offers a dynamic blend ofresidential charm, thriving local businesses, and avibrant arts scene.
SB23086645
Apartment, 2 Story
Los Angeles
1925
0.1447 Acres
Public
2
Public Sewer
Loading...
Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Listing Agent: Aaron Jacobson CalDRE: 02100737 - Lyon Stahl Investment Real Estate, Inc.
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/9/2024 3:20 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.