203 S St Louis St, Los Angeles, CA 90033 - View 1
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203 S St Louis St, Los Angeles, CA 90033

List Price: $995,000On Market FlagOn market
Oct 28, 20243,976 sqft9 beds6 baths
Listed by: Derrick Vartanian
License #: 01816119
Phone #: 310-341-4872
Lyon Stahl Investment Real Estate, Inc.
Source:
CRMLS Logo
MLS #: 24457625

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,667

TurboHome Estimated Value

$986,400

$248 sqft

High Valuation
$1,035,720
$260/sqft
Normal Valuation
$986,400
$248/sqft
Low Valuation
$937,080
$236/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$248/sqft$986,400

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