Mixed use project in exciting Boyle Heights location needs new investor – fresh vision to complete repositioning and enjoy cash-flowing asset in growth area with proforma cap rate of 7.50% and GRM of 9.75. Property consists of 3 street level store fronts, 2 studio apartments (ground level) and 3 1b1b units (second floor), along with a stand alone 2b1b house. Two retail spaces and One studio apartment unit are currently vacant and can be shown. High traffic location at signalized intersection just minutes to DTLA / Arts District with close proximity to Metro Goldline, Hollenbeck Park and Sixth St. Bridge Project. This neighborhood is at once historic and forward looking with significant development and reinvestment already underway, don’t miss your chance to take part in the bright future of Boyle Heights. Potential portfolio sale with two additional mixed use offerings on 4th Street, 7 units and 4 units respectively, contact listing agent for details. Read More

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