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$875,000

Beds
4
sq ft
3,884

2038 Hollenbeck Dr, Los Angeles, CA 90023

2038 Hollenbeck Dr

Los Angeles, CA 90023

  • 10 days on market
TREMENDOUS UPSIDE for this 4 plex building with tons of rental growth potential along with rapid city development. There will be a new bridge that connects Boyle Heights to the Arts District and you can imagine all the change that will happen once that is completed. Google "Sixth Street Viaduct" for more information. This property is located across the street from Hollenbeck park. Excellent and desirable location. A deal like this will not be available when the bridge project is completed. All units are approx 950 sq ft. The new buyer can convert each unit to 2 bedrooms. In the back, there are 4 covered parking and 4 additional cars can be parked behind it. One of the unit has been remodeled with a washer and dryer in the unit and collecting $1,871 in rent. . All other units can be remodeled for maximum income. Many upgrades have been done within the last few years. Newer roof, newer electrical and partial plumbing replaced. Separately metered for gas and electricity.

Details

Property type

Lot size

6,211 sq ft

Price per sq ft

$226

Year built

1923

HOA

No

Price History

12/11/2024
CLAW

CLAW #24471655

Listed
$875,000

Schools & Community

Neighborhood: 

Boyle Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/22/2024 at 5:25 PM

Listing updated: 12/19/2024 at 5:25 AM

Listed by: Alexis Kim, Christie's International Real Estate SoCal Phone #: (310) 893-6223

MLS: CLAW #24471655

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