2853 Cincinnati St, Los Angeles, CA 90033
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2853 Cincinnati St, Los Angeles, CA 90033
2853 Cincinnati St, Los Angeles, CA 90033
2853 Cincinnati St, Los Angeles, CA 90033
2853 Cincinnati St, Los Angeles, CA 90033
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$ 2,292,000
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2853 Cincinnati St Los Angeles, CA 90033

18 Beds

15 Baths

7,168 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,168 sqft

Price per Sqft $319

MLS Listing ID 26831375

Bedrooms 18

Year Built 2020

Lot Size 5,902 Sqft

Acres 0.1355

Property Sub-Type Multi-Family

Property Description

2853 Cincinnati St. is a newly constructed 2020 triplex located in the heart of Boyle Heights near the corner of North Evergreen Ave. and Cincinnati St. This hillside location offers sweeping views of Downtown LA and the San Gabriel Mountains. With approximately 7,168 SF of building area, the property features 3 generous units grossing approximately $17,900 per month and $214,800 a year. Several units feature private balconies with views. All units include central AC and tankless on-demand water heaters. Property offers garage plus surface parking for approximately 6 -7 vehicles. Surrounded by popular restaurants, markets, and easy access to Downtown Los Angeles, this professionally managed asset offers strong income with additional upside potential. With a 6.6% Cap Rate and 10.7 GRM this represents a opportunity to acquire newer construction Non-Rent Control Asset in one of Los Angeles' rapidly growing rental markets.

Location

State CA

County Los Angeles

Area Boyle Heights

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning, Central, Gas

Flooring Mixed

Equipment Microwave

Exterior

Parking Features Garage

Garage Spaces 6.0

View Y/N Yes

View Skyline, City, City Lights, Mountains

Building

Level or Stories Three Or More, Multi/Split

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass

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2853 Cincinnati St

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Name

Name

Phone*

Phone

Message

Message
Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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