2156 City View Ave, Los Angeles, CA 90033
- $1,250,000
- 14
- BD
- 7
- BA
- 5,986
- SqFt
- List Price
- $1,250,000
- Price Change
- ▼ $100,000 1784619747
- MLS#
- 26847373
- Year Built
- 1925
- Bedrooms
- 14
- Bathrooms
- 7
- Living Sq. Ft
- 5,986
- Lot Size
- 7,362
- Days on Market
- 44
- Property Type
- Multifamily
- Stories
- 2
Property Description
Presenting a rare opportunity to acquire a pride-of-ownership fourplex in the heart of Boyle Heights one of Los Angeles' most dynamic and supply-constrained rental markets. Located at 2156 City View Ave, this 5,986 sq ft building sits on a 7,360 sq ft lot and delivers strong, stable income with significant long-term upside.The building offers a compelling unit mix of three spacious, modernized 4-bedroom/2-bathroom units and one 2-bedroom/1-bathroom unit. All units have in-unit laundry, with the 4bd units having updated interiors, wall AC/heat, laminate flooring, double-pane windows, and contemporary finishes attracting quality, long-term tenants. Each unit is separately metered for gas and electricity, minimizing landlord utility exposure. The property also includes a detached 3 space garage and additional 8 parking stalls a coveted amenity in this corridor.With a GRM of 10.64 and a healthy NOI of $81,460, this asset offers investors immediate income and a clear path to long-term value as units turn. Whether you're a seasoned portfolio investor or making your first multifamily acquisition, 2156 City View Ave delivers on every front: modernized asset, strong cash flow, excellent location, and true Los Angeles scarcity value.
Additional Information
- Other Buildings
- Other
- Heat
- Wall
- Cooling
- Wall Unit(s)
- View
- City
- Number of Cars in Garage
- Detached, Garage - 3 Car
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Courtesy of The Collective Realty, Will Tiao - CA DRE#01918965
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