Property Detail

3412 3rd

Los Angeles CA 90063

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$1,175,000

Status: Active

Property Details

Description

Compass Commercial is pleased to present 3412 E 3rd St, a 5-unit two-story building situated in the heart of Boyle Heights. The building is comprised of (3) 2Bd/1Ba and (2) studio units with (5) on-site parking for each unit. The property has been well maintained, generating stable and dependable in-place cash flow, while continuing to present meaningful value-add potential through strategic renovations, rent growth, and operational enhancement. This asset offers a balance of immediate income and future upside, with the ability to enhance returns over time while benefitting from the area's continued growth and demand.

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