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Listed by Oscar Carlos, DRE #01887936 • Real Brokerage Technologies
$958,000
Est. payment /mo
6,698 Sqft Lot
Active
305 S Mott Los Angeles, CA 90033
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26161182
Year Built 1922
Lot Size 6,698 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Owner-user opportunity in Boyle Heights. Front 2-bedroom, 1-bath unit will be delivered vacant at close of escrow, giving the next owner the option to occupy one unit while benefiting from the income potential of the remaining units. Based on stated pro forma rents and garage income, the property offers approximately $98,700 in annual gross income potential - roughly a 9.7 GRM at the current asking price. Currently configured as 4 units (public records reflect 3 units), with one 2-bedroom unit and three 1-bedroom units, separate gas and electric meters, two garage spaces, and a 6,698 SF lot. The 2-bedroom unit has a stated pro forma rent of $2,350/month, with stated pro forma rents of $1,825/month for each of the three 1-bedroom units. Conveniently located near Downtown Los Angeles, the Arts District, Keck Medicine of USC, Metro transit, and the 5, 60 and 101 freeways. Property sold as-is. Buyer and buyer's agent to independently verify unit count, permits, rents, expenses, income, and all other information and conduct their own inspections and due diligence.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Laundry 30, Other, 38
Exterior
Parking Features Garage, Off-Street Parking
Garage Spaces 2.0
Pool None
Building
Story One Story
Foundation Raised
Water District - Public
Others
Tax ID 5180012026
Special Listing Condition Not Applicable

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