5155 Henderson St Active

Los Angeles,CA 90032

$ 720000

5 Beds

3 Baths

1698 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,698 sqft

Price per Sqft $424

MLS Listing ID 25541715

Bedrooms 5

Year Built 1923

Lot Size 5,779 Sqft

Property Sub-Type Multi-Family

Property Description

Tucked just a few blocks from the heart of Lincoln Heights, this triplex is a great long-term play. It's priced at $424 per square foot and currently operates at a2.77% CAP, but there's big upside market rents push the numbers to a 6.27%CAP. Ideal for an owner who's not afraid to do a little work and unlock some serious value. Add some basic improvements, bring rents to market, and you're sitting on a strong performer in a neighborhood with a lot of momentum. Can be purchased with 1909 Johnston Street.

Location

State CA

County Los Angeles

Area El Sereno

Zoning LAR1

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment Refrigerator, Range/Oven

Laundry None

Exterior

Parking Features Driveway

Garage Spaces 5.0

Others

Special Listing Condition Standard

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