2853 Cincinnati ST, Los Angeles, CA 90033
2853 Cincinnati ST, Los Angeles, CA 90033
2853 Cincinnati ST, Los Angeles, CA 90033
2853 Cincinnati ST, Los Angeles, CA 90033
2853 Cincinnati ST, Los Angeles, CA 90033
2853 Cincinnati ST, Los Angeles, CA 90033
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Danny Navarro

Danny Navarro

+1(949) 903-6633
$ 2,292,000
Est. payment | /mo

18 Beds

15 Baths

7,168 SqFt

Save
$ 2,292,000
Est. payment | /mo
Save

18 Beds

15 Baths

7,168 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,168 sqft

Price per Sqft $319

MLS Listing ID 26831375

Bedrooms 18

HOA Y/N No

Year Built 2020

Lot Size 5,902 Sqft

Property Description

2853 Cincinnati St. is a newly constructed 2020 triplex located in the heart of Boyle Heights near the corner of North Evergreen Ave. and Cincinnati St. This hillside location offers sweeping views of Downtown LA and the San Gabriel Mountains. With approximately 7,168 SF of building area, the property features 3 generous units grossing approximately $17,900 per month and $214,800 a year. Several units feature private balconies with views. All units include central AC and tankless on-demand water heaters. Property offers garage plus surface parking for approximately 6 -7 vehicles. Surrounded by popular restaurants, markets, and easy access to Downtown Los Angeles, this professionally managed asset offers strong income with additional upside potential. With a 6.6% Cap Rate and 10.7 GRM this represents a opportunity to acquire newer construction Non-Rent Control Asset in one of Los Angeles' rapidly growing rental markets.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air, Gas

Fireplace No

Appliance Microwave

Exterior

Parking Features Garage

View Y/N Yes

View City Lights, Mountain(s)

Total Parking Spaces 6

Building

Entry Level Three Or More,Multi/Split

Level or Stories Three Or More, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5178018014

Security Features Fire Sprinkler System,Smoke Detector(s)

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Paul Fisher Compass #02018310

Nearby Locations

Danny Navarro

Making real estate fast, fun, and stress-free!

+1(949) 903-6633

dannynteam@gmail.com

2700 N Main St suite 1101, Santa Ana, CA, 92705,Unit, USA

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2853 Cincinnati ST