Property Detail

Description

The New Jersey Residences are a triplex in Boyle Heights adjacent to White Memorial Hospital. The three unit property has a front 5 BR + 2 Bath stand alone house that would be perfect for an owner-occupier or astute value-add multi-family investor. Behind the front house are two 1 BR + 1 Bath bungalow type units. One of the 1 BR units is currently VACANT! The vacant 1 BR unit has been tastefully renovated with new flooring and updated kitchen appliances. The front 5 bedroom house has old world charm, central air and hardwood floors throughout. The triplex was originally constructed in 1910 and is approximately 2,706 SqFT of total rentable space. The size of the lot is approximately 5,920 SqFt and is Zoned LARD 1.5. The property will be delivered with the front tenants in place who are currently paying $3,357 a month in rent. If new owners will like to move in the front house they will be responsible to pay the tenant relocation costs. Each unit is individually metered for gas and electric.