$1,475,000

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3641 Lanfranco St Los Angeles, CA, United States 90063

Newly Priced! East LA- 5.61% Cap (with the possibility of the Cap rate of getting close to 6% with rent increases in August 2024) Great investment property situated on a huge 11,387 Sq Ft lot. Not subject to LA's (RSO) Rent Stabilization Ordinance. 3 separate buildings and each unit has NO shared walls. 2 driveways with a lot of room for parking. Close to Mariachi Plaza/Boyle Heights and a short distance to DTLA, Crypto/LA LIVE, Dodger Stadium, & Cal State LA. High rental demand area and great unit mix. (2- 2+1, 1 4+3, and one Studio) Convenient and quick access to 5, 60, and 10 freeways. Shown with accepted offer only. 100% Tenant Occupied. Do not walk on the property or disturb tenants. Agents READ private comments.

Amenities

  • Bedrooms: 7
  • Property Type: Single Family
  • Architectural Style: New Traditional
  • Home size: 3,179 ft2 / 295.34 m2
  • MLS: 24-349373
  • Web ID: EZ3UQE
  • Status: Active
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Area Detailed Information

Property brokered by

Nourmand & Associates Realtors

(702) 355-3688

  • (323) 462-6262
  • (323) 462-6262 (Office Phone)

Contact Christopher Furstenberg

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