3560 Siskiyou St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90023
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,082 sqft
Price per Sqft $291
MLS Listing ID 25506369
Bedrooms 7
Year Built 1920
Lot Size 8,712 Sqft
Acres 0.2001
Property Sub-Type Multi-Family
Property Description
**PRICED AT $899,000 FOR 3 UNITS*** We are pleased to present three single story detached homes located in the East Los Angeles/Boyle Heights Neighborhood area. This property is being offered for sale for the first time in 23 years as it has been family owned, managed and operated for over two decades. Opportunity knocks to invest in this high density zoned (LARD1.5) with triple frontage lot on an 8,715 square foot lot. The three separate structures are outlined with a front house (3 bedroom + 1.5 bathroom, of 1,400 square foot and built in 1929), a middle cottage (2 bedroom + 1 bathroom, of 746 square foot and built in 1982**this unit is not subject to LA City RSO), and a rear cottage (2 bedroom + 1 bathroom, of 936 square foot and built in 1920). A new investor has substantial rental upside potential of +/- 96% with minimum expenses as these units are separately metered for gas and electricity. This location is considered 'Very Walkable with an 85 Walk Score'. Also, it is conveniently located near the 5, 60 and 101 freeways. Please note, this property is subject to Los Angeles City Rent Control (with the exception of 1 unit). Buyer to verify at their own expense.
Location
State CA
County Los Angeles
Area Boyle Heights
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment None
Exterior
Parking Features Uncovered, Garage Is Detached
Garage Spaces 4.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard