KW Commercial is pleased to present this 10,668 SF 12-Unit Multi-Family Apartment Building in the Boyle Heights neighborhood of East Los Angeles. It is located on a 7,012 SF R3 zoned lot.
The property's unit mix consists of (2) Studio+1BA units, (5) 1BD + 1BA units, (4) 2BD +1BA units and (1) 3BD +1BA unit.
The subject property has an on-site laundry facility, flat roof with skylights, secured entry, and alley access at the rear of the property. In addition, the property has spectacular views of Downtown Los Angeles Skyline & Dodgers Stadium.
This opportunity is located in one of the most up & coming areas of Los Angeles. It will attract an investor looking to purchase a multi-family property in an infill location with easy access to public transportation, parks, and shopping areas.
The subject property is located within the Boyle Heights neighborhood of Los Angeles. It is just 1 parcel north of Malabar St and less than 0.3 miles (6 min walk) to the major signalized intersection of Soto & East Cesar E Chavez Ave. (Metro Bus lines 68, 770, 751, 251, 252, & 605). It is also 0.5 miles from the LAC+USC Medical Center.
This area is considered a WALKER'S PARADISE with a score of 86.
The area also provides an excellent transit score of 70. The property is less than 0.5 miles from the 5 & 10 Freeways. It is also located approximately 0.5 miles (10 min walk) from the SOTO GOLD LINE METRO STATION connecting you to Union Station in Downtown LA (only 4 stops away) and Pasadena area.
Schools in the immediate area include Evergreen Ave Elementary School, Sheridan Street Elementary School, Hollenbeck Middle School, Theodore Roosevelt High School, Bravo Medical High School, just to name a few.
Excellent Demographics; over 50,000 people reside within a 1-mile radius and over 300,000 people reside within a 3-mile radius of the subject property.
