Los Angeles CA  home offered at $1,075,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.


2828 LANFRANCO Street
Los Angeles, California CA 90033
Price: $1,075,000
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Listing ID: 18407866
Price/SqFt: $248.84
Status: Active Under Contract
SqFt: 4,320 Sq Ft
Acres: 0.205 Acres
Year Built: 1962

We are pleased to present a six unit multifamily property located in Boyle Heights, California. Situated at 2828Lanfranco Street, north of Whitter Boulevard and west of South Lorena Street, the property is well positioned in an area withinBoyle Heights that is a short drive to Downtown.Constructed in 1962, the property sits in an up and coming area and has a streamlined unit mix of six (6) two bedroom/ onebathroom units. Situated on a large lot, the property features ample parking for tenants, well-maintained grounds, and a storageshed in the back.Well positioned in a gentrifying area of Boyle Heights, the subject property offers dominant access to numerous entertainmentpossibilities, which presents a special opportunity for an investor to capitalize on significant rental upside potential.

Primary Features

County: Los Angeles
Lot Features: Sprinklers None
MLS Area Major: BOYH - Boyle Heights
Special Listing Conditions: Standard
Year Built: 1962
Zoning: LARD1.5


Laundry Features: See Remarks
Laundry: yes
Lot Size Units: Square Feet
Number Of Units Total: 6

Interior Features

Stories Total: 2

Financial Details

Cap Rate: 3.58
Gross Multiplier: 16.26
Gross Operating Income: 66126
Improvements Amount: 166184
Land Value: 142812
Net Operating Income: 38613
Total Expenses: 26190

External Features

Lot Size Area: 8927
Lot Size Square Feet: 8927
Number Of Buildings: 1
Parking Features: Parking Space
Parking: yes

Location Information

Zoning Info

© 2019. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Listing courtesy of Jason Tuvia from Marcus & Millichap . Last updated Thursday, April 18th, 2019.

Contact - Listing ID 18407866

Lisa DiNoto

8250 White Oak
Rancho Cucamonga, CA 91730
Phone: 9099212544

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