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    615 Camulos St

    Los Angeles, CA 90023
    • $1,350,000
    • STATUS: Active Under Contract
    • ON SITE: 39 days
    • ID#: 21-727686
    Under Contract
    UPDATED: 20 min ago
    $1,350,000
    • 11
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,898
      SQFT
    • $346
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    We are pleased to present this 6 unit Multi Family Investment Opportunity located in the Rapidly Gentrifying Boyle Heights Area of Los Angeles. The Property has a Great Unit Mix of 1, 2 and 3 bedroom Units in a Desirable Neighborhood with Rental Upside Potential of +/- 32%. This Offering Boasts an Attractive 4.65% Cap Rate on Current Rents with Opportunity to Add Value. Select Units have City Views. The Property is Centrally Located within a Few Minutes Drive to Downtown Los Angeles and within Walking Distance to Various Busy Retail Corridors. Property is Subject to Los Angeles City Rent Control.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-14T20:42:49.343. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.sellbuyla.com/homes/116790140
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    615 Camulos St Los Angeles, CA 90023

    • Price: $1,350,000
    • Status: Active Under Contract
    • Updated: 20 min ago
    • ID#: 21-727686
    11
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,898
    SQFT
    $346
    $/SQFT
    1922
    Built
    Neighborhood:
    Boyle Heights
    County:
    Los Angeles
    Area:
    Boyle Heights
    Property Description
    We are pleased to present this 6 unit Multi Family Investment Opportunity located in the Rapidly Gentrifying Boyle Heights Area of Los Angeles. The Property has a Great Unit Mix of 1, 2 and 3 bedroom Units in a Desirable Neighborhood with Rental Upside Potential of +/- 32%. This Offering Boasts an Attractive 4.65% Cap Rate on Current Rents with Opportunity to Add Value. Select Units have City Views. The Property is Centrally Located within a Few Minutes Drive to Downtown Los Angeles and within Walking Distance to Various Busy Retail Corridors. Property is Subject to Los Angeles City Rent Control.
    Exterior Features

    Lot Size Area 6000 Other Structures None Parking Garage Uncovered Total Parking 1

    Interior Features

    Baths Total 6.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 928556 Gross Income 97704 Gross Operating Income 94773 Like Units1 2 Like Units2 1 Like Units3 3 Net Operating Income 62768.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 32004 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Shant Sherbetdjian DRE#01713570 of Remax Commercial And Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-14T20:42:49.343. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Keller Williams Realty
    12130 Millennium Dr
    Playa Vista CA, 90094