CA > Los Angeles
Los Angeles, CA 90033,2120 Sheridan ST
Los Angeles, CA 90033,2120 Sheridan ST
Los Angeles, CA 90033,2120 Sheridan ST
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$1,019,999
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6,926 Sqft Lot
Pending

2120 Sheridan ST Los Angeles, CA 90033

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Valencia Marlowe

Valencia Marlowe

+1(310) 780-0461

UPDATED:

12/05/2024 03:30 AM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PW24071520

HOA Y/N No

Year Built 1963

Lot Size 6,926 Sqft

Property Description

**Seller Financing Available**Welcome to this absolutely stunning 5 unit income producing property for sale in prime Boyle Heights, this offering presents an excellent opportunity for any investor to capitalize on positive initial cash flow while having the ability to add value for strong rental upside in one of the most gentrifying markets of Los Angeles. Perfectly located on a corner lot with private alley access allows you truly appreciate this amazing setup. You have a 4 unit building consisting of four 2 bed 1 bath units over 1,000 sqft each and a separate detached 3 bedroom 2 bath single family home with it’s own two car garage giving you the ability to convert into an ADU and increase the value. All 5 units are individually metered and the single family home has its own water meter as well making it two water meters for the property. You have the potential for major upside while collecting very healthy rents. You generate up to $14K in rents a month, huge upside! Located in a very desirable location, within walking distance to shopping centers, restaurants, USC Medical Center, White Memorial Hospital, DTLA and much more. Tenants will love the convenience of being within walking distance to Soto Station, as well as a plethora of other rapidly developing amenities in the area that are driving ongoing growth and increased demand. Easy access to major freeway's such as the 5 and 10 and 101 FWY. Boyle Heights is a mix of history and trendy coffee shops, restaurants, art and music. The signs of gentrification are clear as new development and companies moving into the area. This will not last! **Call for Seller Financing Options**

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LAR2

Interior

Heating Central, Wall Furnace

Fireplace No

Laundry None

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5175017005

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Andrew Munoz • Keller Williams Pacific Estate • 213-842-3363

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Valencia Marlowe

Agent | License ID: 01498425

+1(310) 780-0461

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2120 Sheridan ST