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Property

Los Angeles, CA 90033 203 S St Louis Street

203 S St Louis Street Los Angeles, CA - Image 1203 S St Louis Street Los Angeles, CA - Image 2203 S St Louis Street Los Angeles, CA - Image 3
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203 S St Louis Street Los Angeles, CA - Image 4203 S St Louis Street Los Angeles, CA - Image 5203 S St Louis Street Los Angeles, CA - Image 6203 S St Louis Street Los Angeles, CA - Image 7203 S St Louis Street Los Angeles, CA - Image 8203 S St Louis Street Los Angeles, CA - Image 9203 S St Louis Street Los Angeles, CA - Image 10
Presented By: Derrick Vartanian with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 24457625
  • 10/28/2024
  • Request Tour
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  • Beds • 9
  • Baths • 6
  • SQFT • 3,976
  • Year Built • 1965

Home Details

We are excited to present a prime investment opportunity with a beautifully maintained5-unit apartment building located at 203 S St Louis St in the rapidly developing neighborhood of Boyle Heights, Los Angeles. Situated near key attractions such as Dodger Stadium and Crypto Arena, this property is strategically positioned to benefit from the area's ongoing growth and revitalization. Spanning a total square footage of 3,976 on a 5,939 SF lot zonedLARD2, this asset offers significant potential for value appreciation. The property features a well-structured mix of units: one 3-bedroom,2-bath unit; two 2-bedroom, 1-bath units; and two 1-bedroom,1-bath units. Each unit is individually metered for gas and electricity, ensuring operational efficiency and streamlined management The property's excellent location provides easy access to public transportation, with bus and metro stations just a short walk away, enhancing its appeal to tenants and increasing occupancy potential. Given the ongoing developments in Boyle Heights and the surrounding areas, investors can expect robust rental demand and promising returns. This investment not only offers immediate cash flow potential but also the opportunity to capitalize on a burgeoning market poised for long-term growth. Don't miss your chance to secure a valuable asset in an increasingly desirable location.
Presented By: Derrick Vartanian with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 203 S St Louis Street

Bedrooms

Total Bedrooms9

Bathrooms

Half Baths0
Total Baths6
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
LivingAreaSourceAssessor
Total Stories2

General for 203 S St Louis Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.09
Carport Y/NNo
CityLos Angeles
CoolingWallWindowUnits
CountyLos Angeles
DirectionsS of E 2nd St., N of E 3rd St. and E of S Cummings St. in the submarket of Boyle Heights. Close to some of the major Freeways in Los Angeles.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income96780.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5941.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income60566.0
New ConstructionNo
Number Of Units Total5
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1965
Year Built SourceAssessor
ZoningLARD2

Exterior for 203 S St Louis Street

Building Area Total3976.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1364
Lot Size Area5941.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDriveway, Uncovered
Private PoolNo
SpaNo
Total Parking7.0
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $995,000
MLS#24457625
List Date 10/28/2024
Property Type Multi-Family
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