2028 Pennsylvania Ave

CAP rate of 6.5 !

Prime 12-Unit Investment Opportunity in Boyle Heights ! An exceptional opportunity to acquire a 12-unit multifamily property in the heart of Prime Boyle Heights! Situated on a huge corner lot, this investment features three buildings, one 10-unit building and two standalone units, offering an excellent unit mix with strong rental demand. With 30% upside in rents, this property presents a tremendous value-add opportunity for investors. Seven units have already been fully remodeled, featuring new flooring, modern kitchen cabinets, upgraded appliances, and more. The remaining units provide the potential for additional renovation and increased rental income.Located in an A+ location, this asset benefits from strong tenant demand, proximity to major employment hubs, and easy access to public transit, freeways, and vibrant neighborhood amenities. Don't miss this rare chance to own a high-potential investment in one of Los Angeles' most dynamic rental markets! The property address is 117 N St Louis St. LA CA 90033 also with APN: 5183-007-041.One Unit is Vacant!

This home located at 2028 Pennsylvania Ave is currently active and has been available on pardeeproperties.com for 53 days. This property is listed at $2,195,000. It has 16 beds and 16 bathrooms. The property was built in 1966. 2028 Pennsylvania Ave is in the Boyle Heights community of Los Angeles County.... Read More Show Less

This home located at 2028 Pennsylvania Ave is currently active and has been available on pardeeproperties.com for 53 days. This property is listed at $2,195,000. It has 16 beds and 16 bathrooms. The property was built in 1966. 2028 Pennsylvania Ave is in the Boyle Heights community of Los Angeles County.

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