3641 Lanfranco St

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Address: 3641 Lanfranco St, Los Angeles, California, US
Created date: May 15, 2024
Date last updated: May 18, 2024

Property Description

Newly Priced! East LA- 5.61% Cap (with the possibility of the Cap rate of getting close to 6% with rent increases in August 2024) Great investment property situated on a huge 11,387 Sq Ft lot. Not subject to LA's (RSO) Rent Stabilization Ordinance. 3 separate buildings and each unit has NO shared walls. 2 driveways with a lot of room for parking. Close to Mariachi Plaza/Boyle Heights and a short distance to DTLA, Crypto/LA LIVE, Dodger Stadium, & Cal State LA. High rental demand area and great unit mix. (2- 2+1, 1 4+3, and one Studio) Convenient and quick access to 5, 60, and 10 freeways. Shown with accepted offer only. 100% Tenant Occupied. Do not walk on the property or disturb tenants. Agents READ private comments.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $1,475,000
No. of Units: 3
Year Built: 1905
Lot Size: 3,179.00 Sq ft
Opportunity Zone: No
Price per unit: $491,667
Property Website Click Here
Number of Bedrooms: 7
Number of Bathrooms: 0
Address: 3641 Lanfranco St, Los Angeles, CA 90063, USA
Provided by:

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