34.043316 -118.20597

2619 Pennsylvania Ave LOS ANGELES, CA 90033

285040513 34.043316 -118.20597 213 /listing/285040513-150289519/2619-pennsylvania-ave-los-angeles-ca-90033 False 0 1595000.0 5110 105 7 6 20-663444 False
  • $1,595,000
  • 7 bd
  • 6 ba
  • 5,110 sqft
  • 5,419 lot
  • Est payment $8562.3/mo

Property & Neighborhood Info

Courtesy Of Keller Williams Studio City

Multi-Family in Los Angeles

100% Vacant 6 unit building + 1 Potential ADU. Value add fixer in hot Boyle Heights area just minutes away from DTLA and Arts District. Huge upside to 11% Cap Rate and 7.5 GRM after renovations. Large units with potential to reconfigure the layouts to create additional beds and baths to a more favorable unit mix and maximize rents. Building is only a 6 minute walk to the metro station, and has a walk score of 93 making it convenient for shopping and employment. Individually metered for gas and electricity and includes 3 garages with alley access and ADU potential. Rent Roll on MLS is projected as building is 100% vacant.

Courtesy Of Keller Williams Studio City
  1. 7 Beds
  2. 6 Baths
  3. 5,110 Sq. Ft.
  4. 5,419 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1963
  • County: LOS ANGELES
  • Units: 7
  • Zoning: LARD1.5
  • MLS Number:20-663444

Additional Features

  • Cooling:
    • Other
  • Disclosures:
    • As Is
  • Flooring:
    • Other
  • Unit 1 Furnished:
    • No
  • Unit 2 Furnished:
    • No
  • Unit 3 Furnished:
    • No
  • Unit 4 Furnished:
    • No
  • Other Structures:
    • None
  • Parking:
    • Garage
  • Parking Spaces:
    • 6
  • Heating:
    • Other
  • Alley:
    • Yes
  • Number of Buildings:
    • 1
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 218412
  • Net Operating Income:
    • 175570.00
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Electricity
    • Gas
  • Expenses:
    • 42842
  • Gross Operating Income:
    • 218412
  • Listing Agent License Number:
    • 01200237
  • Lot Size Area:
    • 5419
  • LP Per SQFT:
    • 312.13
  • Other Equipment:
    • Other
  • Total Acres:
    • 0.1244
  • Under Contract Date:
    • 2021-01-04
  • Unit 1 Bathrooms:
    • 2.00
  • Unit 1 Bedrooms:
    • 3
  • Unit 1 Rent:
    • 2735.00
  • Unit 1 Total Units:
    • 1
  • Unit 2 Bathrooms:
    • 1.00
  • Unit 2 Bedrooms:
    • 2
  • Unit 2 Rent:
    • 2263.00
  • Unit 2 Total Units:
    • 1
  • Unit 3 Bathrooms:
    • 1.00
  • Unit 3 Bedrooms:
    • 2
  • Unit 3 Rent:
    • 2263.00
  • Unit 3 Total Units:
    • 1
  • Unit 4 Bathrooms:
    • 2.00
  • Unit 4 Bedrooms:
    • 3
  • Unit 4 Rent:
    • 2735.00
  • Unit 5 Bathrooms:
    • 2.00
  • Unit 5 Bedrooms:
    • 3
  • Unit 5 Furnished:
    • No
  • Unit 5 Rent:
    • 2735.00
  • Unit 5 Total Units:
    • 1
  • Unit 6 Bathrooms:
    • 2.00
  • Unit 6 Bedrooms:
    • 3
  • Unit 6 Furnished:
    • No
  • Unit 6 Rent:
    • 2735.00
  • Unit 6 Total Units:
    • 1
  • Unit 7 Bathrooms:
    • 1.00
  • Unit 7 Bedrooms:
    • 2
  • Unit 7 Furnished:
    • No
  • Unit 7 Rent:
    • 2263.00
  • Unit 7 Total Units:
    • 1
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Victoria Silver
Victoria Silver
Realtor
6430 Sunset Blvd, Suite 1000 Los Angeles CA 90028
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34.043316 -118.20597

2619 Pennsylvania Ave LOS ANGELES, CA 90033

285040513 34.043316 -118.20597 213 /listing/285040513-150289519/2619-pennsylvania-ave-los-angeles-ca-90033 False 0 1595000.0 5110 105 7 6 20-663444 False
  • $1,595,000
  • 7 bd
  • 6 ba
  • 5,110 sqft
  • 5,419 lot
  • Est payment $8562.3/mo