Properties
Los Angeles, CA 90063 919 Stone
$1,400,000
7 more
Presented By: Walter De La Torre with W&D Real Estate Investments; 310-562-0324
Baths • 1
SQFT • 7,164
Garage • 1
Home Details
First time in the market in 60 years! We are proud to present this unique 8-unit income producing property located in the gentrified neighborhood of Boyle Heights.
Offering approximately 7,164 square feet of living space, the property boasts of four generous 2 bedroom/ 1 bath units and four 1 bedrooms/1 bath units. Each unit is separately metered for expenses and all floor plans include individual laundry rooms with washer and dryer hook ups for tenants convenience.
Located in the heart of Boyle Heights, the property benefits from a vibrant neighborhood experiencing sustained growth. Tenants enjoy proximity to a well traveled commercial corridor just minutes east of Downtown Los Angeles, with convenient access to the 710 and 10 freeways, two major rail lines (the E Line to Culver City/Santa Monica and the San Bernardino Line), multiple bus routes, and the iconic Sixth Street Bridge.
Presented By: Walter De La Torre with W&D Real Estate Investments; 310-562-0324
Interior Features for 919 Stone
Other Interior Features
Common WallsTwoCommonWallsOrMore
Laundry FeaturesElectricDryerHookup, GasDryerHookup, LaundryRoom
Total Stories2
Other Rooms
Entry Level1
General for 919 Stone
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
Cap Rate5.5
CityLos Angeles
Community FeaturesSidewalks
ContingencyInterior inspections subject to accepted offer.
Property is sold as-is with no warranties or representations.
CountyLos Angeles
DirectionsSouth of Wabash and East of Evergreen
Entry Location1, 2
Garage Spaces1
Garage Y/NYes
Gross Income10276
HOANo
HOA Fee$
Insurance Expense9600
Land Lease Y/NNo
Listing TermsCashToNewLoan
Lot Size Square Feet5202
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
Net Operating Income77280
New ConstructionNo
Number Of Units Total8
Operating Expense42333
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Tax Lot69
Total Actual Rent10276
Trash Expense1800
Water Sewer Expense9500
Year Built1930
Year Built SourceAssessor
Exterior for 919 Stone
Building Area Total7164
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1194
Lot Size Area5202
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Private PoolNo
Total Parking1
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
