2156 City View Ave
Property Description
Presenting a rare opportunity to acquire a pride-of-ownership fourplex in the heart of Boyle Heights one of Los Angeles' most dynamic and supply-constrained rental markets. Located at 2156 City View Ave, this 5,986 sq ft building sits on a 7,360 sq ft lot and delivers strong, stable income with significant long-term upside.The building offers a compelling unit mix of three spacious, modernized 4-bedroom/2-bathroom units and one 2-bedroom/1-bathroom unit. All units have in-unit laundry, with the 4bd units having updated interiors, wall AC/heat, laminate flooring, double-pane windows, and contemporary finishes attracting quality, long-term tenants. Each unit is separately metered for gas and electricity, minimizing landlord utility exposure. The property also includes a detached 3 space garage and additional 8 parking stalls a coveted amenity in this corridor.With a GRM of 10.64 and a healthy NOI of $81,460, this asset offers investors immediate income and a clear path to long-term value as units turn. Whether you're a seasoned portfolio investor or making your first multifamily acquisition, 2156 City View Ave delivers on every front: modernized asset, strong cash flow, excellent location, and true Los Angeles scarcity value.
Broker Details
The Collective (323) 363-1096
MLS ID: C108138 State License Number: 01918965
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,250,000 |
| No. of Units: | 4 |
| Year Built: | 1925 |
| Lot Size: | 5,986.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $312,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 14 |
| Number of Bathrooms: | 7 |
ID: 3yd-CLAWCA-26847373
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