4
$361.83
$537,500
6.2%
12.44
6.2%
12.44
The LAAA Team of Marcus & Millichap is proud to present these 4 units located at 2469 E 7th Street in Los Angeles, California. Built in 2020, all units are currently vacant with Certificate of Occupancy approximately by November 1st. This brand new multifamily building sits on 6,968 square feet of land with 6,071 square feet of rentable area and consists of all (4)- four bed / three bath units.
These two duplexes are on a single lot offering its tenants alley access and private garage parking and finished with high-end stainless steel appliances, quartz counter-tops, tank-less water heaters, recessed lighting, central heating & A/C, laminate floors, soft close cabinets, and much more!
The property is well located in Boyle Heights just minutes from all the premier dining, entertainment and shopping that The Arts District, Downtown LA and LA Live has to offer. Tenants enjoy close proximity to Urth Caffe, Blue Bottle Coffee, Bestia, Bavel and many more famed coffee and restaurants! Furthermore, tenants have the luxury to of using the 6th Street Viaduct which is expected to be completed in the Summer of 2022. This $588 million Viaduct is the largest bridge project to be built in the history of Los Angeles. It will serve as the vital connection between Arts District and the historic neighborhood of Boyle Heights. Upon completion, a 12 acre park will be constructed underneath the structure which will provide easy access to the Los Angeles River, public art, recreational programming and more.
Easy to manage and with a great unit mix, the subject property offers an investor a very rare opportunity to acquire a hassle-free, high cash flow, and turn-key fourplex in one of Los Angeles’ premier rental markets.