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Listed by Vartan Achabahian of Prospect Group Inc. (vartan@prospectgroup.net)
Introducing an exceptional investment opportunity in the heart of Boyle Heights, California! This meticulously maintained property consists of two buildings each containing two units, three of which have been remodeled, offering a total of four units for potential rental income. All units are currently occupied, generating an impressive actual collected monthly rent of $8,400, equating to over $100,000 per year. This represents a solid return on investment in a thriving rental market. Updates include new electrical and plumbing systems, fresh paint, modern flooring, and new laundry connections for added convenience. The kitchens have been upgraded with new countertops and cabinets, while the bathrooms feature new vanities, mirrors, and toilets. Located in the vibrant community of Boyle Heights, tenants enjoy easy access to local amenities, schools, parks, dining, and entertainment options. With updated interiors and a prime location, these units offer an attractive opportunity for investors seeking steady rental income in a high-demand area. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer exploring the world of real estate investment, this property is a must-see. Don't miss out on the chance to capitalize on this lucrative opportunity!

Property Details of 3025 Lanfranco Street

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Based on information submitted to CRMLS as of April 20, 2024 8:55 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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